Johannesburg — SA IS set to grant cash-strapped Zimbabwe a substantial line of credit,
following the visit to SA of a high-level Zimbabwean delegation last week,
and amid growing signs that Harare faces expulsion from the International
Monetary Fund (IMF).
Sources said yesterday that the Zimbabwean delegation met with Finance
Minister Trevor Manuel and Reserve Bank governor Tito Mboweni, and that the
country was likely to soon obtain a credit line for electricity, petrol and
food. It was unlikely the amount involved would be anything close to the
R6,5bn mentioned in weekend media reports.
...
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