Informal competition chokes Cafca retail ops

The group said it was engaging authorities to ensure fair competition that preserves industry capacity and commercial viability.

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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