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ZDF &, Chinese Investor At Loggerheads Over Multimillion Dollar Borrowdale Long Cheng Plaza Mall
A rift has developed between the Ministry of Defence ministry and a Chinese investor over a multi-million dollar shopping mall after the army unilaterally used the property as collateral to secure a US15,8 million loan on behalf of a local communications service firm, the Zimbabwe Independent has learnt. Information at hand shows that the Chinese investors, co-owners in Long Cheng Plaza, located in the capital, are unhappy with government’s decision to act as a guarantor…
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