Zimbabwe: Econet's Cassava Smartech Bemoans Hyperinflation, Subdued Demand

27 January 2020

Econet subsidiary, Cassava Smartech has bemoaned the reemergence of the hyperinflationary environment, dwindling consumer demand and the continued erosion of the Zimbabwe dollar.

In a recent trading update for the nine months ended November 30 2019, the company said the current economic environment was making it difficult for business operations to flow smoothly.

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