Mthuli eyes mineral-backed debt deals
…as Zimbabwe’s debt crisis cripples economy
SAMANTHA MADE Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has revealed that Zimbabwe is preparing to leverage its vast mineral resources, including platinum, gold and lithium, to settle part of its ballooning US$13.2bn external debt, as the debt overhang continues to suffocate the economy. “When it comes to strategies for paying off Zimbabwe’s external debt,…
