Zimbabwe Government Gazette dated 2016-06-30 number 75

ZIMBABWEAN

GOVERNMENT GAZETTE
EXTRAORDINARY
Published by Authority

Vol. XCIV, No. 75 Sth DECEMBER, 2016 Price US$2,00

General Notice 417A of 2016. annum, and commitmentfee of zero point twofive percent
(0.25%)perannumon the undrawn amount and management
CONSTITUTION OF ZIMBABWE fee of zero point twofive percent (0.25%) per annuma once
off payment.
Loan Agreement between the Republic of Zimbabwe and Export- (c) the loanwill be utilised for the purpose of the construction
Import Bank of China of Hwange 7 and 8 Thermal PowerStation Expansion and
ancillary structures.
IT is hereby notified, in termsofsection 300(3)of the Constitution
of Zimbabwe.that Zimbabwe, represented by the Minister of Finance HON P. A. CHINAMASA (MP),
and Economic Development, concluded a loan agreement withthe 5-12-2016. Minister of Finance and Economic Development.
Export-Import Bank of China dated 30th June, 2016, on the following
terms—
(a) the loan amount is US$997,723,244.20 (nine hundred CONTENTS
and ninety-seven million seven hundred and twenty-three
thousand, two hundred andforty-four point two United States General Notice
dollars): Number Page
(b) the period of the loan is twenty (20) years with a grace period 417A. Constitution of Zimbabwe: Loan Agreement betweenthe Republic
of seven years at an interest rate of two percent (2%) per of Zimbabweand the Export-Import Bank of China. . . . . 1055

Proued hy the Government Prauer, Harare.