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Firms discouraged against arbitrage profits

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FOSSIL Group has called upon Zimbabwean companies to shift their focus from arbitrage-based profit-making to more fundamental business practices, given the currency risk environment. In a conversation with The Financial Gazette at the 2024 Young CEO’s Business Forum (YBF), Fossil Group’s chief executive, Obey Chimuka, highlighted the primary challenges businesses are grappling with, including currency…

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