27 February 2019 - 19:45Zimbabwe's President Emmerson Mnangagwa looks on as he gives a media conference at the State House in Harare, Zimbabwe, August 3, 2018. File photo: REUTERS/PHILIMON BULAWAYO
The southern African nation reportedly requested r $1.2bn in emergency credit from SA but was turned down. “As such, media reports that are currently circulating about the line of credit worth $600m that the government of Botswana has committed itself to extend to the Republic of Zimbabwe are unfounded," Morupisi said.The two countries have elevated ties to the high-level binational commission following years of tense relations under former president Robert Mugabe who clashed with former head Ian Khama.
“In Zimbabwe, yes we have diamonds, but we do not really have a diamond policy. We are now crafting the policy, discussing with Botswana, Namibia and Angola to assist us in formulating a diamond policy for Zimbabwe.”
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Botswana offers Zimbabwe $600m of loans - reportThe loan will reportedly consist of $500 million dollars for Zimbabwe’s diamond industry and a further $100 million to help private companies. Hope they get paid back! RiseAfricaRise! This is how we as Africans need to solve African problems. Not with rhetoric. Thank you BWGovernment Unathi_Kwaza Thanks Botswana, our president will be chartering more luxury jets for his incessant abroad trips.They will build State of the art Mansions for the President and the 2 VP. Thanks Botswana 🇧🇼 again!
Source: ewnupdates - 🏆 30. / 53 Read more »
Botswana offers Zimbabwe $600m of loans - reportThe loan will reportedly consist of $500 million dollars for Zimbabwe’s diamond industry and a further $100 million to help private companies. Hope they get paid back! RiseAfricaRise! This is how we as Africans need to solve African problems. Not with rhetoric. Thank you BWGovernment Unathi_Kwaza Thanks Botswana, our president will be chartering more luxury jets for his incessant abroad trips.They will build State of the art Mansions for the President and the 2 VP. Thanks Botswana 🇧🇼 again!
Source: ewnupdates - 🏆 30. / 53 Read more »