Thursday 17 January 2019
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zimbabwesituation - 2 month ago

Parastatals sink deeper into debt

Source: Parastatals sink deeper into debt Theindependent (Zimbabwe) MORE than 20 state-run enterprises are sinking deeper into debts with liabilities running into hundreds of millions of dollars as they face imminent collapse due to poor corporate governance, mismanagement and corruption, among other problems, a new report from Auditor-General (AG) Mildred Chiri shows. By Tinashe [ ] The post Parastatals sink deeper into debt appeared first on Zimbabwe Situation.

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