United Touring Company (UTC)

The United Touring Company (UTC) a business in which Local Government Minister Saviour Kasukuwere and former labour minister Nicholas Goche are shareholders has been liquidated, dealing another body blow to efforts to indigenise the country’s economy. A leading tour operator and travel agent during its heydays, UTC went belly-up a few months ago after failing to navigate the country’s harsh economic terrain, characterised by declining tourism and a tight liquidity crunch. Among the litany of…