CAFCA reviews export sales strategy

Cafca group chief executive Vimbai Nyakudya

CABLE manufacturer CAFCA has shifted from using consignment stock deliveries in export markets to a cash-based model to improve cash flow and minimise exposure to foreign debtors. A consignment-based model refers to a system where the owner (consignor) provides goods to a seller (consignee) but ownership remains with the consignor until the items are sold.…

Subscribe to read full article. Subscribe today

Related posts

RioZim seeks nod for turnaround plan

Fastjet toasts to tourism sector fee cuts

New offerings lift Old Mutual Zimbabwe earnings

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More