THE government of Zimbabwe lost millions of dollars to Micro, Small and Medium Enterprises (MSMEs) loan defaulters and fraudsters employed by Small and Medium Enterprises Development Corporation (SMEDCO), the Auditor-General Mildred Chiri has revealed. In an audit report for 2012 to 2018, Chiri said SMEDCO lost more than $2 million to loan defaulters. “My audit…
Govt loses millions to loan defaulters
