Tight monetary policy hits Cafca

CAFCA increased its full-year historical operating profit by 408 percent, but the country’s largest cable manufacturer warned of a challenging operating environment as monetary policy tightens. Zimbabwe’s annual consumer price inflation declined to 268,8 percent in October 2022 from 280,4 percent the previous month following strict monetary policies put in place by the government and…

Subscribe to read full article. Subscribe today

Related posts

Stanbic Bank Officially Opens Masvingo Branch

Higher gold price boosts Padenga earnings

FS Mining breaks ground on US$500m chrome project

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