Innscor seeks cheaper funding

INNSCOR Africa (Innscor) is engaging local banks to negotiate for lower borrowing costs to fund expansion works within the group.
In an annual report for the year ended June 30, 2021, group chairman Addington Chinake said critical focus remains on balancing volume objectives with appropriate return levels, careful overhead cost containment, and optimal cash flow generation.

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Addington Chinake, the group’s chairman

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