Business

Cafca warns of operational strains

NewsDay Staff ·

Cafca warns of operational strains

CABLE manufacturer Cafca Limited has highlighted persistent foreign exchange and liquidity shortages as a threat to operations.

The company cited limited convertibility of Zimbabwe Gold (ZiG), which has hampered its ability to secure US dollars needed to import essential raw materials.

This warning comes as Cafca revealed in its financial results for the year ended September 30, 2025 that a substantial portion of its procurement must be settled in foreign currency.

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