Edgars joins receivables market

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SUPPLIERS of Edgars can now sell their invoices with the retailer on the Zimbabwe Receivables Marketplace (ZRM) after its listing on the platform last week.
ZRM, which was launched last August and is a joint venture between the Zimbabwe Stock Exchange (ZSE) and Harare Receivables Exchange, allows businesses to sell individual unpaid invoices in order to free up cash.

“ZRM is excited to announce the onboarding of Edgars as a buyer on the platform,” ZRM board chairman and ZSE chief executive, Justin Bgoni said in a statement last week.