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Zim govt takes charge of Zimplats debt

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CORPORATE ACTIVITY
The Zimbabwe government has assumed a $34-million debt owed by ASX-listed Zimbabwe Platinum Mines (Zimplats) to the Reserve Bank of Zimbabwe. The debt was assumed under the 2015 Reserve Bank of Zimbabwe Act, which provided for the State government to assume certain debts incurred by the Reserve Bank, subject to the debts being validated and reconciled by the Ministry of Finance and Economic Development.
 
 
 
 
 

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