Tight liquidity drags Masimba project execution

Historically, Masimba has been a major player in the delivery of large-scale public infrastructure projects, including roads, bridges and water systems.

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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