THE Zimbabwe Independent recently ran a story on the Trafigura Group. Below is a statement by the global commodities firm following publication of the story:
Trafigura Group is aware of reports in the Zimbabwean media suggesting the company has provided significant financing in support of the Zimbabwean government’s effort to repay debt arrears to the World Bank and the African Development Bank. These reports are completely incorrect. Trafigura is not involved in any discussions or funding activity related to the Government’s relations with the International Financial Institutions, but we do continue to engage with the appropriate authorities in support of our ongoing commercial business in the country.