Subscribe Today
Advertisements
Sunday, February 23, 2025
Top Posts
Liquidity constraints choke ART operations
ZSE mandates sustainability reporting for listed firms
Adding value as a shareholder-appointed director
The Vat that broke The Budget
How businesses can leverage AI in tough times
Zimbabwe’s economy to grow 5,3% in 2025: AfDB
‘Rain gains offer little respite for economy’
ZiG losses widen OK Zimbabwe’s forex debts
‘A decade of mismanagement’ – Man Utd reveal...
Hang out with the moneyed middle class at...
Subscribe Today
©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Home » Liquidity constraints choke ART operations
Companies & Markets

Liquidity constraints choke ART operations

written by Mishma Chakanyuka, Staff Writer 0 comments
 “The relative exchange rate stability and improved power availability towards the end of the period enabled stocking and improvement in product availability in the battery segment,” the group said in its first quarter trading update.
0 FacebookTwitterLinkedinWhatsappTelegramEmail

THE tight monetary stance taken by the Reserve Bank of Zimbabwe (RBZ) has adversely impacted battery and stationary maker Amalgamated Regional Trading (ART)’s operations resulting in a 11 percent decline in revenue for the first quarter ended on December 31,2024, the group has announced.The Zimbabwe Stock Exchange (ZSE)-listed concern also saw its sales volumes for…

Subscribe to read full article. Subscribe today
Advertisements
0 FacebookTwitterLinkedinWhatsappTelegramEmail

Related Posts

ZiG losses widen OK Zimbabwe’s forex debts

Invictus gets EMA nod for Cabora Bassa project

Liquid Technologies makes executive appointments

CFI battles tight margins

Truworths awaits verdict on rescue plan

Tanganda wary of forex retention cuts

Advertisements
Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

CATEGORIES

ABOUT THE FINANCIAL GAZETTE

Facebook Twitter Instagram Linkedin Whatsapp

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
©2024 The Financial Gazette. All Right Reserved. Designed and Developed by Innovura

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Close