Scarce capital thwarts Powerspeed growth

The group faces exposure to foreign currency risk related to transactions conducted in currencies other than the ZiG.

Elton ManguwoStaff WriterAdvertisementsPOWERSPEED Electrical Limited (Powerspeed) says the shortage of capital on the domestic market has put its expansion plans under serious threat as currency uncertainty continues to deter borrowers from long-term funding.Support authors and subscribe to contentThis is premium stuff. Subscribe to read the entire article.Login if you have purchased Subscribe Gain access to…

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