Hwange local board in the red

VICTORIA FALLS, December 4 (The Source) – Hwange Local Board is owed over $1 million by residents and businesses in the coal mining town and is struggling to provide basic services, an official said on Wednesday. A government’s decree in July for local councils to… Read More

Gweru City Council in the red

GWERU, November 25 (The Source) – Gweru City Council, which runs one of the four largest municipalities in the country, has incurred an $8 million deficit in the just ended financial year, mainly due to a government edict to cancel ratepayer debt, an official said… Read More

Zimglass seeks $36 mln working capital

GWERU, October 16 (The Source)  – The Industrial Development Corporation of Zimbabwe’s glass manufacturing unit is seeking $36 million in working capital, an official said on Wednesday. Zimbabwe Glass Industries (Zimglass) last week resumed production of flint glass, its cash cow in recent years, but… Read More