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

Posted on by All Africa

[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.