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Zinara clears US$206m road debt

THE Zimbabwe National Road Administration has fully repaid a US$206 million loan from the Development Bank of Southern Africa, which funded the rehabilitation of the 800-kilometre Plumtree-Bulawayo-Harare-Mutare highway. The clearance of the 15-year financial obligation, finalised on September 30, is expected to restore Zimbabwe’s international financial credibility and unlock fresh funding for infrastructure projects.

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This article first appeared in The Herald.

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