Firms grapple with skyrocketing production costs
Crisis portends a gloomy outlook
LIVINGSTONE MARUFU AND CLAUDINE MATOLA Local companies are finding it extremely difficult to stay in business, primarily as a result rapidly rising production costs, Business Times can report. According to multiple analysts and business executives, rising costs associated with statutory requirements and rocketing raw material prices are forcing companies to make difficult decisions about whether to raise prices for their…
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