‘Audit Zisco before assuming debt’

BULAWAYO residents yesterday expressed mixed feeling over the government’s assumption of the Ziscosteel $500 million debt, with some saying an audit should be conducted first while others said the process should be expedited.

Contributing during public hearings on the Zisco Debt Assumption Bill 2018 in Bulawayo yesterday, residents said government should first conduct an audit to find out how the debt came about before burdening taxpayers.

The Bill seeks to facilitate the resuscitation of Zisco following its closure in 2008, after it accumulated a $494 817 324 debt.

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