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*Zimbabwe Industrial Output Expected To Take A Knock In 2019, But Recover In 2020 - Report* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jl Zimbabwean companies especially those that do not export are expected to take a knock this year due to some or all of the following according to the Sunday Mail: Decline in demand of products Foreign currency shortages Shorter production time due to long periods of load shedding. Soaring inflation Eroded consumer purchasing power This was said by the Finance Minister in his pre-budget strategy paper when he said: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > The situation is being worsened by shortages of foreign currency, electricity and fuel, all constraining industry operations. However, the economy is expected to turn around next year as the ongoing reform initiatives take form according to the publication. More: The Sunday Mail > _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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