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.…

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