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Home » Liquidity squeeze chokes Turnall
Companies & Markets

Liquidity squeeze chokes Turnall

written by Prisca Tshuma, Staff Writer 0 comments
Turnall is installing a state-of-the-art fibre-cement sheeting plant in Harare, expected to be commissioned in the fourth quarter of 2025.
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TURNALL Holdings (Turnall) revenue for the half-year ended June 30, 2025 declined by nine percent to US$5 million from US$5,5 million a year earlier as liquidity constraints in the economy weighed heavily on consumer demand.The Reserve Bank of Zimbabwe (RBZ) has been keeping a hawkish eye on money supply by maintaining interest rates higher at…

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