Tight liquidity drags Masimba project execution

The construction firm is a huge contractor of the government's massive infrastructure projects.

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 unintended consequence…

Subscribe to read full article. Subscribe today

Related posts

Sugar special tax milks US$2,3m off Dairibord

ZBFH earnings up on non-funded income

NBS assets surge 25 percent. . pays US$420k dividend to NSSA

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More