Companies ring alarm bells

Companies ring alarm bells
Published: 07 May 2014

A litany of warnings from senior executives at listed companies is signalling that Zimbabwe's economy faces significant mayhem for the next several quarters, with a recovery not likely to kick in anytime soon.

The slump has also pushed some companies to cut staff and retrench, with many saying the prospects of Zimbabwe’s economic revival remain uncertain, indicating tough times ahead.

The warnings have come from a diverse range of businesses across the industrial spectrum, particularly those exposed to the complications of the turbulent Zimbabwean economy.
- dailynews
Tags: Companies,


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