Zimbabwe: Chinamasa Appeals for Cheap SA Funding

25 September 2014

FINANCE minister Patrick Chinamasa on Thursday appealed to South African development financial institutions for cheap finance as several parastatals seek $14, 7 billion for retooling and to revive operations.

A delegation of South African development financial institutions - Development Bank of South Africa (DSBA), Public Investment Corporation (PIC), Transnet and Industrial Development Corporation (IPC) - is in Harare for talks on funding for several infrastructural and utility projects.

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