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ZBC reportedly refuses to repay Iran loan - from Media Network Weblog

Rédigé le Dimanche 19 Juin 2011 à 13:57 | Lu 188 commentaire(s)

The Zimbabwe Broadcasting Corporation (ZBC) is reportedly refusing to repay a US$5 million Iranian loan which was used to refurbish the broadcaster’s studios, claiming some of the equipment supplied under the deal was defective. The loan was part of a US$15 million deal reached in 2004 between the Zimbabwe government and Tehran with about US$10 [...]

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