Willdale grapples with cash flow challenges

The brick maker said vacant possession has been granted to the appointed contractor to commence development.

…bets on land bank disposal for liquidity 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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