‘$1 billion RBZ loans unconstitutional’

PARLIAMENT’S Public Accounts Committee says loans amounting to $985 million, which were contracted by the central bank from regional lenders, are unconstitutional and invalid. This comes four years after parliament lit up over a debate about government’s takeover of the reserve bank’s $1,4 billion debt in 2015, which had also been contracted without the approval…

Subscribe to read full article. Subscribe today

Related posts

Growth outlook cheery: Experts

Mideast conflicts unsettle industry

Tobacco auction floors open 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More