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Home » Ariston looks inward as exports surrender bites
Companies & Markets

Ariston looks inward as exports surrender bites

written by Prisca Tshuma, Staff Writer 0 comments
The agro-industrial firm, in its trading update for the first quarter ended December 31, 2024 said the 25 percent surrender of export proceeds compounded with depressed selling prices proved problematic to its operations.
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ARISTON Holdings (Ariston) recently took a strategic decision to focus on growing local sales in order to protect thinning margins from export proceeds surrendered to the Reserve Bank of Zimbabwe, a company executive has said.The agro-industrial firm, in its trading update for the first quarter ended December 31, 2024 said the 25 percent surrender of…

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