Page content
Zimbabwe seeks to defer Hwange’s US$1b debt repayment until 2052
ZIMBABWE is seeking to push repayment of Hwange’s US$997,7 million Chinese loan to 2052, shifting the power project’s debt burden well beyond its original 2038 deadline in a proposed restructuring expected to free up US$207 million in near-term cash flow. The plan would extend the loan’s grace period by four years to April 2029, stretch repayments by a further decade to April 28, 2052, and convert the facility from United States dollars to Chinese renminbi, according to Zesa Holdings’ second-quarter 2026 Megawatt Bulletin. [...]