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‘No light at the end of the tunnel for Chiyangwa’s Zeco engineering group as it sinks deeper into trouble’
Phillip Chiyangwa’s engineering group, ‘Zeco’ sinks deeper into turmoilThere seems to be no light at the end of the tunnel for Phillip Chiyangwa’s Zeco Holdings. Financial results of the engineering group paint a gloomy picture after its loss widened to $884 000 in the half year ended June 30 from $867 000 in the comparable period last year attributed to a decline in revenue. In the period under review, revenue tumbled to $61 000…
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