Sluggish recovery perturbs business

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ALTHOUGH Zimbabwe’s economy continues to recover from the Covid-19 setback and various other shocks experienced over the past few months, experts say the progress is slow.
As a result, business leaders who spoke to The Financial Gazette this week said both industrial and commercial activity would still likely be below pre-pandemic levels by this coming festive season.

In fact, some experts fear that the usual Christmas and New Year merrymaking could be “thwarted by the Grinch”, amid the prevailing liquidity crunch in the economy, which is weighing down heavily on business.