SA turned down $1bn Zimbabwe loan request: finance ministry

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SA turned down $1bn Zimbabwe loan request: finance ministry eNCAOnline eNCANow Courtesy DStv403

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Much of the land seized with land reform program are in the hands of gov officials & supporters of ruling polit party. Gov 'LEASES' land to black commercial farmers, but has resulted in serious food insecurity, as the farms are unable to match previous production.

Missed opportunity to expand Limpopo Province

A good decision, it was going to be squandered by Mnangagwa and his inner circle

You dont loan money to someone you knlw wont be able to pay. Botswana loamed Zimbabwe P20million for fuel some ten years ago. To date, nothing has been paid.

Swaziland still owing tax payers

EdmundKudzayi Please don't give my government money they have a lot...they are flying private class and are even donating to the previous president...they want to use it either to buy luxury cars or deadly equipment for the security to finish us

If a country has rumours of huge sums of money disappearing without a trace or having anyone arrested (15 billion) what makes us think that we can borrow and be able to pay back. Its not an issue of lacking money that the nation have but mismanaging of the resources that we have.

Where will the $1bn be going to in a farm...Zanu pf farm. SA would be crazy to loan Zanu pf any funds what so ever. Zimbabwe hasn’t received any form of funding or loans since 1980 .Its all just “Zanu pf in Zimbabwe’s clothing “

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Our tax money is not for Zim!!! If SA gave Zim 1bil it's would have caused shit because our roads aren't fixed, our government hospitals are poor, there are thousands homeless apart from those who live in shaks and our economy is not growing so thanks for turning the loan down.

In future do the same for SAA, Escom etc

Sorry Zim. This is a blow after baba is gone I thought this country is on the right part once more obviously is the beginning of suffering

So GovernmentZA will be a middleman between IMF/World bank and Zimbabwe!in fact they will be the Launderers of money! Where does S.A get that money when they themselves r broke?

Why can we borrow them farmers to restart the food production and other agricultural activities not give money

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EdmundKudzayi I don't understand this, ED hires a plane at usd13000 an hour and teiea to borrow money from RSA whose president flies commercial. I remember they drove in range rovers to borrow from Bots. Bots ministers came in corollas. The loan request was denied

SA is broke as well. It's January in their wallets

It never rains but pours.... Cry my beloved Zimbabwe

Who is lying here?

Opportunity comes once, That was our only chance to colonize a country

This was a good opportunity for SA government, but we are being ruled by dicksons. The loan was going to come back with interest, if they coudnt pay it back we were going to take or control state owned entity like mining. This is how China rolls, thug life.

Very good

Who can tie their money on a crocodile 🐊 leg..... What if it goes for good under water, 😂😂

EdmundKudzayi Once again thank you tito_mboweni for turning down the request to finance terrorism against the people of Zimbabwe

Thank you SA government

Thank you South Africa why would Zimbabwe want to borrow so much money when they refuse to say yes Zimbabwe is in crisis, Apart from that who is going to donate them that kind of money to pay you back

They should’ve just left Mugabe continue with his mad policies bcos there’s no difference between this lot and the previous lot under Mugabe. Same difference really. A real tragicomedy. 🙄😏

Thank you SA.

EdmundKudzayi thank you SA for turning them thieves down

Now it's loan request? Earlier didn't they say they want SA to bail them out?

mazdima_ So that they keep hiring expensive jets to go to dragonland on fruitless missions mxxxxxm...

Good😅. I have said so.........

gracekwinjeh RBZ vakatora yese, now trying to loot from neighbors..

Money to pay those who are busy abusing the civilians ! edmnangagwa and this chiwenga guy are criminals ! They don't deserve any handout from anybody ! Nakhensa muhaxi

Zimbabwe won’t pay that money back, you’ll see the president kids buying Bentley with that money

🇿🇦 unfortunately has too many problems now and the timing is bad as we approach elections. Why doesn't Zim borrow from the IMFNews . We are carrying too much burden at the moment.

EdmundKudzayi Tough times

Catch 22, Zimbabweans will just come South and get it somehow!!!!

South Africa don’t have that money

One of the conditions, if they fail to pay we must take over Zimbabwe 🇿🇼... unfortunately we don’t want Zimbabwe. They have one option now is China 🇨🇳

Good South Africa

How can he hire an expensive jet then go around borrowing money whilst CyrilRamaphosa flies economy. As a Zim taxpayer please don't give these people money. It doesn't benefit us

It will be called a donation because Zimbabwe will never manage to pay it back for the next 10 years.

Good

the Zim pres was gna get his plane that he so wants...good...

Good thing as this money was going to be used not for the countries benefit

That's good

EdmundKudzayi Ndikokoooo

Manyumwa wena hatibhadhare zvikwereti isu..

Again....'but they have the land'.

NGAVASADERO KANI

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