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Home » Tight liquidity drags Masimba project execution
Companies & Markets

Tight liquidity drags Masimba project execution

written by Kudzanai Gerede, Companies and Market Editor 0 comments
Historically, Masimba has been a major player in the delivery of large-scale public infrastructure projects, including roads, bridges and water systems.
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MASIMBA Holdings says low levels of liquidity in the market adversely impacted its capacity to execute projects during the financial year ended December 31, 2024. The government has been keeping a hawkish eye on local currency supply, the ZiG, into the market in an attempt to manage the exchange rate and stabilise inflation. However, the…

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