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Power outages weigh down NTS

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NATIONAL Tyre Services Limited (NTS) says tyre retreading volumes declined by 13 percent in the third quarter ended December 31, 2022 as power outages severely affected the company’s factories. Zimbabwe requires over 2 000 megawatts of power per day with regional imports, which require up to US$17 million per month, compensating for the deficit. The…

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