KUDZANAI GEREDE STANBIC and CBZ Bank have successfully raised US$150 million for Caledonia Mining Corporation (Caledonia)’s Matabeleland North project, as the deal also shows local banks’ capacity to shore up local projects. The development comes as the latter has announced plans to raise US$1 billion in credit facilities – with half of that earmarked for…
Stanbic, CBZ lead Bilboes’ facility

SOLOMON NYANHONGO