Listed companies cautious about outlook

Lending to MSMEs rose from 3,87 percent of total bank loans in September 2023 to 7,55 percent a year later.

LISTED companies remain cautious about their outlook as high production costs, fragile growth, persistent power cuts, heavy taxation, growing informality and entrenched dollarisation continue to dampen optimism.Some firms are delaying major capital expenditure, while others are leveraging prior investments to boost profits and expand in line with consumer demand. The prevailing uncertainty has forced many…

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