Axia posts increased turnover

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Discounted market capitalisations are prevailing on the Zimbabwe Stock Exchange.

ZIMBABWE Stock Exchange-listed Axia Corporation Limited’s results for the first half of 2019 (H1 2019) have surpassed expectations as turnover in TV Sales & Home and DGA Zimbabwe surged 63% year-on-year and 91% year-on-year respectively. This was due to a boon in bottom-of-the-pyramid liquidity stemming from record earnings in tobacco and mining sectors.

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