Source: Airport loan deal finalised | The Financial Gazette May 3, 2018
Finance and Economic Planning, Minister Patrick Chinamasa
A $153 million loan deal has been finalised with China for the development and upgrading of the Robert Mugabe International Airport.
Finance minister Patrick Chinamasa announced in the Government Gazette of April 27, 2018, that the loan, which carries an interest of two percent per annum, has a period of 20 years with a grace period of seven years in which no late fees will be charged, and late payment will not result in default or cancellation of the loan.
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