Friday 17 January 2020
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allafrica - 7 days ago

Zimbabwe: National Railways Debt Shoots to U.S.$575 Million

[Zimbabwe Independent] Debt of the insolvent National Railways of Zimbabwe (NRZ) astronomically rose from US$314 million in 2017 to US$575 million in 2018, fuelled by unpaid employee salaries and mounting arrears owed to various creditors, the entity s latest financial statement shows.

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