DGA struggles weigh on AXIA’S fy25 prospects

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AXIA Corporation’s logistics business, Distribution Group Africa (DGA) is expected to put a strain on the group revenue for the current financial year ending June 30, 2025 (FY25) on account of widespread informalisation of the sector in Zimbabwe and foreign currency shortages in regional markets.

The business has operations in Zimbabwe, Zambia and Malawi and boasts of world class warehousing capability and vehicle fleets.

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