News Snapshot:
President Emmerson Mnangagwa admitted on Wednesday that Zimbabwe is choking under Chinese debt, but said the southern African country would continue looking up to the Asian giant for bailout because of the good working relations between the two nations. Addressing delegates after a tour of the Robert Gabriel Mugabe International Airport which is being refurbished courtesy of a US$153 million Chinese loan, Mnangagwa said his administration would continue banking on Chinese help despite accusations of blind brinkmanship and mortgaging the country’s natural resources in exchange for “murky” deals. The Zanu PF leader said despite Zimbabwe being deep in debt and...
