Arrears push CMED to the brink

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THE CMED says it is grappling with a financial crisis due to delayed payments from government ministries and departments.

Speaking to The Financial Gazette, CMED managing director Davison Mhaka highlighted the urgent need for the government to settle its arrears to ensure smooth operations.

“The major hurdle that we face is that we provide services to government ministries and departments in the areas of road construction and vehicle hire. We also provide vehicles for elections and other national programmes,” Mhaka said.

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