$335bn debt chokes TelOne

FIXED telecommunications company, TelOne (Pvt) Limited, is hamstrung by a legacy debt amounting to ZWL$335 billion, according to the Auditor-General (AG)’s 2022 report.

The AG said the fixed telecommunications company incurred losses amounting to ZWL$112 billion (2021: ZWL$53.3 billion) in the 2022 financial year.

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