Zimbabwe has been locked out of international capital markets since defaulting on payments more than two decades ago
Zimbabwe has raised a $193.3m loan from Standard Bank, its Zimbabwean unit and Absa, to finance public hospitals and clinics, finance minister Mthuli Ncube says.
The Treasury, through the Zimbabwe debt management office, negotiated the Export Credit insurance Corporation of SA-backed sovereign loan, Ncube said in an emailed statement. The funds will be used to build five district hospitals and 22 health centres across Zimbabwe’s ten provinces, he said...
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