MEDTECH Holdings says legacy debt continues to impede its working relations with regional and international suppliers.
The company says this situation has negatively affected its sourcing of supplies and consumables.
The group has been facing stockouts challenges as suppliers played hardball in a bid to force a clear settlement plan for money owed.
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Owing to legacy debts, most local firms have since resorted to doing cash transactions as suppliers have stopped providing raw materials on credit.
Legacy debts are cash flows generated in Zimbabwe by foreign entities that could not be repatriated due to foreign exchange sho
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