‘Managed’ exchange rate worries Truworths

CLOTHING retailer Truworths says its profit margins and viability would be under “strain” going forward, if currency “disparities” in Zimbabwe persist. The company said it would focus on improving cash sales as “operating woes are likely to persist” due to rising inflation, which was reported at 131,7 percent for May. In a trading update for…

Subscribe to read full article. Subscribe today

Related posts

ZimRe mulls CFI divestment

NMBZ boosts lending income share

Tigere to acquire more properties

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More