Zim minister to discuss US$70 million facility with Botswana
by Caroline Mvundura Wednesday 21 July 2010
HARARE – Zimbabwean Finance Minister Tendai Biti will lead a joint government and business delegation to neighbouring Botswana to discuss the modalities of a 500-million pula (aboutUS$70 million) credit facility availed by Gaborone.
“I will be taking business people from the CZI (Confederation of Zimbabwe Industries) to Botswana …. the minister (of finance) in Botswana has advised me to do that in the next few months” Biti told a CZI meeting in Harare at the weekend.
The money is earmarked for use to revive Zimbabwe’s manufacturing sector that is struggling to shake off the debilitating effects of a decade of [continue reading]