Informal sector squeezes CFI margins

The recovery in CFI signalled the potential turnaround of a long-troubled investment that had previously been fully impaired after years of cumula­tive losses.

CFI Holdings’ profit margins for the six months to March 31, 2026, were subdued due to heightened competition from the informal sector, which continued to exert downward pres­sure on pricing and profitability. This mirrors the dynamic shift in the economy where widespread informality is posing viability threats to formal busi­nesses by setting lower price points.…

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