Willdale grapples with cash flow challenges

Most Zimbabwean companies are increasingly venturing into the property sector due to a combination of factors including high demand and the need to hedge against risks of monetary losses.

…bets on land bank disposal for liquidityAdvertisements WILLDALE Limited (Willdale) is facing severe cash flow challenges due to weak margins exacerbated by reduced selling prices due to intensified market competition ― particularly in the common plaster brick segment.The Zimbabwe Stock Exchange (ZSE) brick maker’s operations have also been inefficient due to antiquated plant equipment as…

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