Zimbabwe: City Refuse Trucks Deal in Limbo

23 April 2018

Harare is failing to secure foreign currency required to collect 21 outstanding refuse compactors bought from automotive manufacturer FAW Group Corporation for $3,1 million. The company has already delivered nine refuse trucks and 10 skip trucks using its own resources and the US$300 000 it got from the Reserve Bank of Zimbabwe.

The city bought various pieces of equipment under the US$30 million loan facility accessed from local banks for recapitalisation.

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