Another bad year for industry
…Local firms in survival mode …Power crisis heaps pain on industry
PHILLIMON MHLANGA For many businesses in Zimbabwe, 2023 turned out to be a very bad year due to a number of headwinds such as crippling power crisis heaping pain on industry, declining economic conditions, high interest rates, and inconsistent government policies. Along with severe liquidity constraints, foreign currency shortages, rising operating costs, high inflation, volatility in…
