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Pelhams pins growth hopes on credit

HARARE – Zimbabwe Stock Exchange-listed furniture retailer Pelhams Limited (Pelhams) says it plans to further improve its credit terms to boost sales. This comes as a greater part of most retailers’ sales are credit-driven as majority of Zimbabweans’ disposable incomes remain depressed. The prevailing liquidity crisis has also worsened the situation. Isaiah Mukudu, Pelhams chief…

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