Zim firms in fresh IFIs headache

LIVINGSTONE MARUFU   International Financial Institutions (IFIs) are not prepared to extend fresh cash to Zimbabwe industries amid fears of high country risk, the Bankers of Zimbabwe (BAZ) has said. Zimbabwe’s external debt amounts to US$14.04bn. Out of this, IFIs are owed about US$2.52bn with World Bank, African Development Bank and European Investment Bank owed…