Border Timbers focuses on growth

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BORDER Timbers Limited will now focus on growing the business and regaining market share following its exit from judicial management early this year.
In a trading update for the third quarter to March 31, 2022, finance director Lysius Karimanzira said the company completed its turnaround strategy during the first quarter of the year, culminating in a High Court order to exit judicial management.

“The business is forecasting a positive trajectory and growth following its exit from judicial management in March 2022. With Imbeza Estate being FSG Certified, it is expected that new markets will be opened, and plans are underway to get the other estates certified.