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Home » ‘Zimbabwe’s economic challenges to persist’

‘Zimbabwe’s economic challenges to persist’

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INNSCOR Africa (Innscor) says Zimbabwe’s current economic challenges will persist for the foreseeable future, as the market continues to navigate local inflationary pressures worsened by an uncertain outlook across international commodity and financial markets.
This comes as the country has for some time experienced reduced inflationary pressures and currency volatility with experts however, cautioning that with the galloping exchange rate on both the official and parallel market, inflationary pressures will be renewed.

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“In this regard, our individual business strategies remain dynamic to adjust to the prevailing market conditions, driven by agile management teams with a continued focus on developing the tools and techniques necessary to operate in an ever-changing environment,” Innscor’s chairman, Addington Chinake, said in a statement accompanying the financials.

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