Cafca sales dip 14 percent

The report highlighted that recent regulatory reforms have significantly reduced costs.

CAFCA recorded a 14 percent decrease in sales during the quarter ended June 30, 2024 compared to the same period last year.The decline comes as the electrical cable market faces increased competition due to Statutory Instrument 157 of 2024, which opened the market to imports.The major cable manufacturer’s year-to-date revenue was five percent lower than…

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