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The DMO said additional promissory notes would be issued in the course of the year, along with new borrowings by state governments, which would further increase the public debt stock.
African leaders, yesterday, faulted the global financing architecture that is plunging several African countries into debt trap amid biting socioeconomic realities.
President Mnangagwa is expected here today to join over 3 000 delegates who include Heads of State and Government, central bank governors and members of the dev...
Major stakeholders on the African continent have converged in Sharm El Sheikh, Egypt for African Development Bank (AfDB) Group’s Annual Meetings.
"The African Development Bank has moved to fast-track Zimbabwe's $3.5 billion compensation to white farmers whose land was seized under former president Robert ...