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.
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.
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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!
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