News Formal

Botswana agrees to extend $95mn credit line to Zimbabwe: minister | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Botswana agrees to extend $95mn credit line to Zimbabwe: minister busrep

HARARE – Botswana has agreed to extend a 1 billion Pula credit line to Zimbabwe, Zimbabwe's finance minister Mthuli Ncube said Thursday.

"I cannot say much because the Presidents of the two countries are still working out the details but I can confirm that Botswana has agreed to extend a 1 billion Pula credit line to Zimbabwe," Mthuli Ncube said. Both Masisi and Ncube did not specify what the credit line will be used for. The announcement of the credit line came a day after the Botswana government on Wednesday denied media reports that it had extended a 600 million US dollars credit facility to Zimbabwe.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

busrep Sadc should just put Zimbabwe under administration for 5 years,run its finances with administrator from Botswana.Or 10 years down the line Zim economic situation will be in same position.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AYO responds to Business Day article | IOL Business ReportAYO Technology has responded to the front page article of the Business Day on Tuesday morning.
Source: IOL - 🏆 46. / 51 Read more »

WhatsApp is working on an Advanced Search feature | IOL Business ReportMessaging platform WhatsApp is working on a new feature to better their chat search function according to WABetaInfo.
Source: IOL - 🏆 46. / 51 Read more »

Earn bonus Pick n Pay Smart Shopper points with TymeBank | IOL Business ReportShoppers can now earn bonus Pick n Pay Smart Shopper loyalty points everywhere they shop and pay with their TymeBank debit card.
Source: IOL - 🏆 46. / 51 Read more »

LOOK: SA's most extraordinary and expensive mansions | IOL Business ReportSeeff Properties currently has five extraordinary mansions listed for between R69 million and R180 million.
Source: IOL - 🏆 46. / 51 Read more »

ANA celebrates 4th birthday marked by strong growth | IOL Business ReportToday, ANA stands tall as the only true news agency service, providing content to a wide range of subscribers, both local and international, across text, photo, video and graphic formats. busrep
Source: IOL - 🏆 46. / 51 Read more »