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
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Dec. 11, 2023
Govt in third attempt at US$4bn pipeline
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Zim economy needs a radical policy shift: Former minister
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