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Mthuli raises $500 million in treasury bill sales





Zimbabwe has raised $500 million in TB auctions that it will use to help combat the spread of the coronavirus. Finance Minister Mthuli Ncube said government aimed to raise $1 billion in emergency coronavirus funding with the rest expected to come from insurance and pension funds.

Ncube also said the country recorded a $78 million budget surplus to April against a planned $3.6 billion deficit. He said in the four-month period, revenue was at $18 billion against expenses of $17.9 billion.

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Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

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