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Spar Zim bleeds, as economy deteriorates

HARARE – Multinational retail chain and franchise Spar says doing business in Zimbabwe is increasingly challenging as the country’s economy deteriorates further, with the group posting a R9,3 million loss in 2014. Graham O’Connor, the group’s chief executive, said the loss — compared to a R10,3 million profit registered in 2013 — was on the…

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