Debt assumption Bill for blocked funds

November 25, 2021Last Updated: November 25, 2021

1 minute read

PHILLIMON MHLANGA Finance Minister, Mthuli Ncube, on Thursday revealed he will soon introduce a Debt Assumption Bill in Parliament for blocked funds amounting to US$3.3bn incurred by local companies. Presenting his 2022 National Budget in Parliament, Ncube said the passage of the Bill would result in government taking over the blocked funds…

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November 25, 2021Last Updated: November 25, 2021

1 minute read

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Debt assumption Bill for blocked funds

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