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*Cassava Remit In $506 Foreign Exchange Loses* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jt Cassava Remit reported a $506 foreign exchange loss for the 6 month period leading to 31 August 2019, Newsday reports. This was revealed By Cassava Remit Board Chair Sherree Shereni who released a statement accompanying the Cassava remit financial results for the period in question. ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Shereni said: > The Continued depreciation of the ZWL agaisnt the USD had a significant impact on our financial perfomance. As we had to recognise foreign exchange losses amounting to $506 million. Mr Shereni also stated that power cuts and fuel shortages, which have been the norm for some time now, also negatively affected the group’s performance. Source: Newsday _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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