Informal competition chokes Cafca retail ops

Cafca sales and marketing executive Basil Makoni said the investment also aligned with the group’s broader environmental and sustainability targets.

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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