Peter Gent Quotations

For reasons of client confidentiality, RMB cannot comment on specific transactions. Where transactions are of a politically sensitive nature, RMB will only act as a facilitator on request from our government which deems such a transaction to be in the national interest.

We confirm that we were approached to look into the possibility of helping the Reserve Bank of Zimbabwe to finance the importation of fuel for that country. No further details are available at this stage. Zimbabwe is a major trading partner of South Africa, and cross-border financing of this kind takes place on a regular basis in a wide variety of product areas, from maize to railway equipment.

Zimbabwe is a major trading partner of South Africa, and cross-border financing of this kind takes place on a regular basis in a wide variety of product areas, from maize to railway equipment.

The Reserve Bank of Zimbabwe is in the process of negotiating a facility with Rand Merchant Bank,