NTS bemoans chronic foreign currency shortages

NATIONAL Tyre Services (NTS) says foreign currency shortages for the importation of new tyres from China and India continue to negatively impact margins. Though the Reserve Bank of Zimbabwe re-launched the foreign currency auction system two years ago in an effort to avail cheap hard currency to industry, local companies continue to grapple with shortages…

Subscribe to read full article. Subscribe today

Related posts

Simbisa intensifies cost optimisation

Non-funded income bolsters InnBucks

Premier Corporate Gifts Marks 10 years of innovation, growth

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