
CABLE manufacturer, CAFCA, says its sales volumes during the half-year ended March 31, 2022 were adversely affected by a delay in getting regulatory approval to extend our barter deal with the Zimbabwe Electricity Transmission and Distribution Company.
Volumes for the half year were 1 199 tonnes, an increase of two percent over the prior year comparative period of 1 175 tonnes.
In a statement accompanying results, the company said volumes were also held back by exchange control delays in payments from Malawi, which affected further export sales.