WILLDALE Limited has issued a cautious guidance for the year 2025 anticipating a continuation of tight liquidity conditions which led to working capital constraints and production inefficiencies during the financial year ended September 30, 2024.
The brickmaking concern was further hampered by poor cash generation with cash from operations dipping 18 percent to US$535 214 resulting in a significantly poor cash flow ratio of 0.10.
Zimbabwe’s monetary authorities have kept a hawkish eye on money supply since the currency reforms instituted last year in a bid to tame inflation.