BUSINESS NEWS

Parastatals debt balloons

PARASTATALS owe the Zimbabwe Revenue Authority (Zimra) over $491 million in unpaid taxes amid warnings that the struggling state-owned enterprises are crowding out funding for social services such as ...

By Staff reporter | Published: 22 July 2018
Facebook Tweet Google+

CONSTRUCTION & PROPERTY

Lafarge debt balloons to $4,8m

Lafarge Cement Zimbabwe Limited (Lafarge)'s short-term borrowings ballooned by 380 percent to $4,8 million in the year to December 2014 from $1 million in prior comparable period as the company battle...

By Staff reporter | Published: 07 June 2015
Facebook Tweet Google+

ZIMBABWE

Zim debt balloons to $9.9 billion

Zimbabwe's principal debt has ballooned by nearly 40 percent from $6,1 billion last year to $9,9 billion, Finance minister Patrick Chinamasa has said.The lawyer-cum-politician yesterday said the count...

By Staff reporter | Published: 04 July 2014
Facebook Tweet Google+

INDUSTRIALS & ENERGY

Zesa debt balloons

A few months after Zesa Holdings cleared a massive $100 million debt owed to Mozambique's Hydro Cahora Bassa, investigations this week shows that the debt is on the rise again. Zesa offices Bulawayo s...

By Business reporter | Published: 23 August 2013
Facebook Tweet Google+

TRANSPORT & TOURISM

Air Zimbabwe debt balloons to US$188 million

Air Zimbabwe's debt has ballooned to US$188 million, further dampening hopes of securing a strategic partner to help the airline resume full operations.The national airline's debt has accumulated to...

By Staff Reporter | Published: 10 June 2013
Facebook Tweet Google+
Pages:
1
Business Daily Zimbabwe

Latest News

  1. 1 Mnangagwa stuffs cabinet with family, loyalists
  2. 2 Protesters plan Beitbridge Border Post shutdown
  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
  7. 7 Zimbabwe's new MPs to declare assets
  8. 8 Ian Makone elected Harare mayor
  9. 9 Varun Beverages in expansion drive
  10. 10 IDBZ resolute in supporting NDS1

Latest Published Reports

Latest jobs