Informal competition chokes Cafca retail ops

Cafca relies exclusively on purchased electricity to operate its machinery and when there is a power outage, generators take over.

CABLE manufacturer Cafca says volumes at its retail and distribution operations were adversely impacted by unfair competition from the burgeoning informal sector during the first quarter to December 31, 2024.In a trading update, the Zimbabwe Stock Exchange-listed firm said the market experienced an increase in smuggled products, disrupting value chains and forcing retailers and manufacturers…

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