CAFCA cuts off distributors for export business

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

CAFCA is reconfiguring its export operating model by transitioning to direct sales and scrapping distributors from previous consignment stocks as it seeks to efficiently utilise limited working capital.The Zimbabwe Stock Exchange (ZSE)-listed cable manufacturer’s products have a heavy market presence in Malawi and Mozambique mainly through distributor-partnerships. It also exports to Tanzania, Botswana, Angola and…

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