NTS wary of informal sector

The group’s operations have been adversely impacted by the rapid growth of the informal sector eating into its market share.

NATIONAL Tyre Services (NTS) says its growth plans are underpinned by the success of the government’s efforts to curb smuggling of cheaper tyre brands and streamlining regulatory processes to boost competitiveness of local firms.The group’s operations have been adversely impacted by the rapid growth of the informal sector eating into its market share.However, recent interventions…

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