Tanzania’s finance minister dies in South Africa

2014-01-02 15:44

Tanzania’s finance minister William Mgimwa has died of natural causes at a Pretoria hospital, the South African government has said.

He had masterminded a maiden eurobond worth as much as $1 billion (R10 billion) – although the project remains unfulfilled as the country waits for a credit rating and battles a weaker-than-expected fiscal position.

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