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General

NetOne restructures debt in hope of attracting private investors

Wednesday 7 April 2021 | 11:15 CET | News
Zimbabwean state-run operator NetOne says debt restructuring has been under way since the government announced plans to bring private investors into the operation in 2018, under a plan to privatise the company, The Standard reported. Acting CEO Raphael Mushanawani told Standardbusiness that NetOne, tired of playing hide-and-seek with creditors, had made fresh commitments to pay up debts and clean up the assets to attract investors.

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Categories: General
Companies: NetOne / TelOne
Countries: Zimbabwe
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