Zimbabwe’s business community has sounded the alarm over the continued volatility of the Zimbabwe Gold (ZiG) warning that the instability is...
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- NEHANDARADIO.COM - A la Une - 01/Jul 15:06
Zimbabwe’s currency conundrum traps businesses, squeezes sugar giant
CHIREDZI - Zimbabwean businesses, notably sugar producer Hippo Valley Estates Limited, continue to face significant financial and operational challenges due to the country's dual currency system, with the company's recent financial results highlighting how the coexistence of the new Zimbabwe Gold (ZWG) and the US dollar is straining cash flow, increasing costs, and impacting overall profitability despite strong production. The post Zimbabwe’s currency conundrum traps businesses, squeezes sugar giant appeared first on Nehanda Radio.
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