SA said no to Zim request for R17bn loan

South Africa turned down a request from Zimbabwe for a R16.7 billion loan in December. Here's why.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

City_Press /  🏆 7. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa can’t afford a Zimbabwe meltdown | IOL NewsOPINION: Assisting Zimbabwe to right its economic ship and resolve its political challenges is arguably our most important foreign policy priority now, writes Shannon Ebrahim.
Read more »

Mboweni: South Africa plans to help bail out ZimbabweSouth Africa is planning to extend short-term credit to Zimbabwe and also to help it write off its US$7.4-billion external debt, to prevent its neighbour spiralling out of control. Critics say this will be a waste of money unless it can pressure Zanu-PF to make political reforms.
Read more »

South Africa starts 2019 on a stable outlook: Moody's | IOL Business ReportAccording to the rating agency, South Africa started 2019 on a stable outlook with a gradual strengthening of institutions and increasing transparency
Read more »