IMF WARNS GOVT OVER SAKUNDA PAYMENTS
The IMF has privately warned Zimbabwe that state payouts to
a company linked to global commodities trader Trafigura were pushing the
shortages-plagued economy to the brink, reviving fears of corruption at the
highest level of government.
Payouts t…
The IMF has privately warned Zimbabwe that state payouts to
a company linked to global commodities trader Trafigura were pushing the
shortages-plagued economy to the brink, reviving fears of corruption at the
highest level of government.
Payouts to Sakunda Holdings, a fuel company owned by an
ally of President Emmerson Mnangagwa, were in effect met by the central bank’s
printing money. The