The period under review remained challenging, characterized by liquidity constraints, adverse effects of the El Nino-induced drought and pricing distortions arising from exchange rate differences between the official and alternative foreign exchange markets. The month-on-month inflation rate closed the quarter at 0.7% as at 30 September 2024 up from -0.3% recorded at the end of […]

The operating environment remained unstable as the hyperinflationary environment persisted throughout the quarter. The annual inflation rate went up from 26.5% in December 2023 to close the quarter at 55.3%.  . Read More

TRADING UPDATE FOR THE QUARTER ENDED 30 SEPTEMBER 2023 The business operating environment remained depressed characterized by liquidity challenges and reducing disposable incomes. Third Qtr Trading Update 2023