Bill Would Permit Use of Livestock as Loan Security in Zimbabwe

Zimbabwean entrepreneurs could soon use movable assets, including livestock and vehicles, to secure loans from banks, according to a bill brought before the country's Parliament this week. The southern African country's economy is dominated by informal business following the formal sector's contraction by as much as 50 percent between 2000 and 2008, according to government data, after President Robert Mugabe's seizure of white-owned farms decimated the key agriculture...

© La Voix de l'Amérique - mercredi 12 avril 2017