News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Zim Government In Frantic Bid To Save Chinese Mega Deals* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?it Government officials were last week frantically trying to salvage three Chinese-funded infrastructural projects totalling US$1,324 billion. This follows reports suggesting that the Chinese are ready to pull the plug on the deals after Zimbabwean authorities siphoned US$10 million from an escrow account held at Stanbic Bank. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- When asked to comment over the issue during a public debt conference in the capital last Friday, Chinese deputy ambassador Zhao Baogang said: > There are companies who are handling the projects in question. Those companies may have given the information to the newspaper people. > Well, I’m in no position to deny it, but I cannot also confirm it. All I can say is that the newspaper people are well-informed. The Independent reports that Finance Ministry secretary George Guvamatanga and Reserve Bank of Zimbabwe governor John Mangudya, among other government officials, have intensified talks with Chinese embassy officials. Government officials have denied they raided the escrow account but that the US$10 million was converted into local currency by Stanbic Bank. *More: The Independent* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback