The African Export-Import Bank (Afreximbank) has confirmed holding talks with a Zimbabwean delegation led by Finance and Economic Development Minister Professor Mthuli Ncube in connection with a $500-million nostro stabilisation facility.
Government has launched a transitional stabilisation programme in a bid to set the economy on a recovery path after years of stagnation.
The programme, which runs from October 2018 to December 2020, was announced by Finance and Economic Development Minister Mthuli Ncube this afternoon.
Business people and academics in the Midlands province have welcomed Government’s decision to scrap SI 122 of 2017 to allow people to import basic commodities saying it will halt the prevailing price hike madness.