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Fashion kingpins worried… as currency crisis, pricing restrictions hit Truworths

The firm’s revenues rose to $1,1 billion during the period, compared to $836 million during the comparable period last year.
By RUGARE MUBIKA Jan. 24, 2023

Volatility vortex wipes Truworths volumes…retail giant suspends Zimdollar credit

In a trading update for the quarter ended October 9, 2022, Truworths said the suspension of Zimbabwe dollar credit hammered volumes.
By Kudzai Kuwaza Dec. 15, 2022

Restrictive pricing hamper Truworths operations

The retail chain was losing money due to the pricing at the official exchange rate, yet, its suppliers were using parallel markets rates that were way more than 50%.
By Tatira Zwinoira Oct. 16, 2022