HARARE, July 3 (Reuters) - Zimbabwe is seeking an $80 million credit facility with the Development Bank of South Africa to revamp its Hwange power plant, Finance Minister Tendai Biti said on Friday.
'The Development Bank of South Africa is in the country, there are three things that we are discussing, firstly there is an $80 million (credit) facility for Hwange, for the rehabilitation of the power station,' Biti told journalists.
(Reporting by MacDonald Dzirutwe) (For full Reuters Africa coverage and to have your say on the top issues visit: http://af.reuters.com/) Keywords: ZIMBABWE CRISIS/POWER (macdonald.dzirutwe@reuters.com; +263 4 799 112) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'The Development Bank of South Africa is in the country, there are three things that we are discussing, firstly there is an $80 million (credit) facility for Hwange, for the rehabilitation of the power station,' Biti told journalists.
(Reporting by MacDonald Dzirutwe) (For full Reuters Africa coverage and to have your say on the top issues visit: http://af.reuters.com/) Keywords: ZIMBABWE CRISIS/POWER (macdonald.dzirutwe@reuters.com; +263 4 799 112) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.