ZIMBABWE MINING DEVELOPMENT SEEKS TO PROTECT ASSETS FROM INTERNATIONAL DEBT DISPUTE
https://s.yimg.com/ny/api/res/1.2/2CrdZWXKODc86pN2YHkVWg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/mining_technology_700/5a6fb7770d96d6c278468c0c354ad318
✍️ Zimbabwe's state-owned Zimbabwe Mining Development (ZMDC) is seeking government intervention to protect its assets from being seized over a debt incurred from an international arbitration case with Amaplat Mauritius.
👉 ZMDC is seeking government intervention to protect its assets from being seized 👉 The debt has escalated to $65.9m 👉 Bravura has only paid $3m of the agreed payment 👉 Amaplat insists that the responsibility for the debt lies with the Zimbabwean Government 👉 The dispute is set to go to a hearing in Canada on June 30
-- #PaulChimboza #WinstonChitando #BenedictPeters #Zimbabwe #Mauritius #Canada #US #Zambia #business
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