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Home » Zimbabwe issues US dollar bonds for farmers
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Zimbabwe issues US dollar bonds for farmers

written by Adelaide Moyo, Group Managing Editor 0 comments
Finance Minister, Mthuli Ncube
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ZIMBABWE’S Finance ministry has started issuing American dollar-denominated bonds to ex-commercial farmers, as part of its Global Compensation Deed (GCD), broader debt reduction and arrears programme.This comes as the country has been creaking under a US$21 billion debt and the Harare administration has been engaged in talks with various creditors, which has resulted in short-term…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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