USD sales buoy Simbisa

The Zimbabwe Industrial Reconstruction and Growth Plan is a bridging transitional framework between the expired Zimbabwe National Industrial Development Policy and the upcoming new Zimbabwe National Industrial Development Policy.

VICTORIA Falls Stock Exchange (VFEX)-listed fast-food and quick-service restaurant operator Simbisa Brands has reported that 80 percent of its sales are in foreign currency, a strategy that has insulated its operations from the ongoing liquidity crunch in the economy.In a trading update, chief executive, Basil Dionisio explained that to counter the devaluation of the ZiG…

Subscribe to read full article. Subscribe today

Related posts

Econet wary of share price valuation

Delta quells share price concerns

Housing product bolsters Fidelity income

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