Business / Companies
ZMDC seeks $500,000 bailout
20 Aug 2015 at 11:48hrs | Views
ZMDC is seeking $500,000 in financing from local banks so that the State owned firm capitalizes its operations.
This comes after an audit report by the Auditor-General expressed concern at the level of transparency in how ZMDC is funding dormant projects at the expense of other projects which offer a high return.
Source - dailynews
