Skip to content

It is imperative to look at the alternative sources of financing to circumvent the liquidity challenges affecting the country

— George Guvamatanga

Another quote →

More quotes by George Guvamatanga

The ability of the sector to attract financing requires that the laws governing mining in the country be transparent and investor friendly

Banks will lend to companies that have demonstrably strong cash flows. Some companies have been able to access loans at reasonable rates, so it’s not always a matter of liquidity but of leadership

However, in the liquidity constrained environment characterising the country, banks in Zimbabwe are not in a position to meet the capitalisation needs of many players in the mining sector

All George Guvamatanga quotes →

Attribution

Quote text and notes from Wikiquote: George Guvamatanga (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.