Latest News Editor's Choice

News / National

Zupco ownership shocker

by Staff reporter
12 Jul 2018 at 10:21hrs | Views
Diversified insurance giant Zimre Holdings has been identified as government's sleeping partner in the troubled public bus company Zupco.

Account general Daniel Muchemwa says government was equally shocked when it realised that it had a deep-pocketed partner in the mass public firm.

Critics say poor management and corruption have brought Zupco to near collapse. 

Source - Fin Gaz