Fire-damaged clothing giant bleeds as insurers delay payouts
The fires, which raged for about two weeks, inflicted extensive damage estimated at around US$30 million on the factory.
By Blessed Ndlovu
Feb. 9, 2024
Paramount Garments says fire damages top US$30m
Paramount group finance director Jeremy Youmans said that the company had suffered a great loss to the fire.
Paramount Garments loses millions to three-day fire
The increase in garments would be from two million this year, the company had plans to start paying its employees full US dollar wages from January next
By Blessed Ndlovu
Dec. 11, 2023
