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Zim struggles to service DBSA loans

HARARE – Zimbabwe’s cash-strapped government said it is struggling to service its $206 million loan sourced from the Development Bank of Southern Africa (DBSA) due to deteriorating economic conditions. The funds, which were secured during the Government of National Unity period, were used for the rehabilitation of the 820-kilometre highway from Plumtree-Bulawayo-Harare-Mutare. However, since President…

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