CLOTHING retailer Truworths says its profit margins and viability would be under “strain” going forward, if currency “disparities” in Zimbabwe persist.
The company said it would focus on improving cash sales as “operating woes are likely to persist” due to rising inflation, which was reported at 131,7 percent for May.
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In a trading update for the quarter ending April 10, 2022, Truworths said the regulatory environment and the deteriorating economic environment would likely continue to be a hindrance to normal t
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