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Home » RioZim wary of rising production costs

RioZim wary of rising production costs

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By Prisca TshumaStaff writerRioZim Limited (RioZim) recorded a significant increase in production costs during the six months to June 30, 2024 attributed to unstable exchange rates.In a statement on the company’s half-year financial results, chairman Saleem Beebeejaun said the Zimbabwean dollar’s (ZW$) depreciation at the start of the year caused price inflation, which increased costs.The…

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