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Masimba happy on ZSE

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MASIMBA Holdings (Masimba) produced a good set of results for the year ended December 31, 2022, benefiting from the government’s renewed interest in infrastructure development. Fingaz Staff Writer Almot Maqolo (AM) had a chat with the company’s chief executive, Canada Malunga (CM), on developments within the construction industry. Below are excerpts from the interview.

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AM: What was your revenue mix between the Zimbabwe dollar (ZWL) and the US dollar?
CM: Firstly, we had a very busy year in the year to December 2022, where we traded in both the US dollar and the ZWL. In terms of the revenue mix for the year, we were at about 65 percent US dollars, while the balance was in ZWL.

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