Macro Analysis /
Zimbabwe

Zimbabwe Consumer Sector Report; Loosening The Purse Strings?

  • Relatively moderate inflation, pseudo dollarization and a strong agricultural season have lead to recovery in earnings

  • However, recovery has not been uniform across the country. Urban consumers lost income since the onset of COVID

  • Volumes for consumer facing names on the stock market have been the first to react to increasing consumer spend

Tatenda Makoni
Tatenda Makoni

Equity Sales Trader

IH Securities
21 September 2021
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