27 June 2011 Edgars Stores Limited has secured a US$5 million loan facility from a local bank to retire its expensive debts and to finance working capital.
Group finance director Mr Vusa Mpofu confirmed last week the funds were drawn down at the end of last month.
The funding ...
16 June 2011 Last year we enjoyed a modest rise in disposable incomes which led to strong monthly growths. The recovery in the economy has slowed markedly in 2011 and, since January we have detected stagnation in disposable incomes. However, because we are coming off a low base, ...