Total revenue, for the period to May, stood at ZWL$19 473 000 while operating expenses gobbled ZWL$16 501 600, a statement gleaned by Technomag shows.
Staff costs and bonuses amounted to ZWL$6,1 million while IT maintenance and repairs, network maintenance and rent expenses, as well as office rentals, totalled about ZWL$6,8 million
Loss-making entities have prompted the government to call for privatization to all underperforming State-Owned Enterprises so as to wean these companies that are making losses and accruing debts which the government has been obligated to take over.