ZWL exposure hits supermarkets’ margins

EXPOSURE to Zimbabwe dollars in an increasingly dollarising economy is putting supermarkets’ profit margins under pressure, a local research firm has warned. This comes as experts have continuously warned that the worsening volatility of the Zimbabwe dollar is creating uncertainty within the economy. More than three-quarters of domestic spending is now in foreign currency, according…

Subscribe to read full article. Subscribe today

Related posts

Power cuts set to be amplified. . . as key generators at Hwange are taken off the grid

US dollar is here to stay, government informed

Tax incentives draining Zimbabwe’s coffers: WB

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