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Home » Local firms bet big on expansion
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Local firms bet big on expansion

written by Kudzanai Gerede, Companies and Market Editor 0 comments
Investment analyst at Morgan & Co Tafara Mtutu
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LOCAL companies are ramping up massive capital projects supported by stable macroeconomic conditions, deepening capital markets and strong US dollar cash flows. Recent financial statements from companies listed on the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange (VFEX) show that businesses are prioritising growth through reinvestment. Companies such as Edgars Stores, Tanganda Tea…

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