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Home » Unifreight slashes borrowings
National Report

Unifreight slashes borrowings

written by Almot Maqolo, Staff Writer 0 comments
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TRANSPORT and logistics concern, Unifreight Africa (Unifreight) significantly reduced borrowings during the six months to June 30, 2024 to ZWG31,1 million, a 39,5 percent decline from ZWG51,7 million in December 2023. The sharp decline in debt levels reflects a strategic pivot towards maintaining financial stability and minimising the risks associated with excessive leverage in Zimbabwe’s…

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