Truworths gets three-month reprieve
Bgoni said the ZSE has requested Truworths to provide a roadmap on how it will resolve the challenges.
By Blessed Ndlovu
Mar. 13, 2024
Truworths decries restrictive pricing laws
Formal retailers are required by law to use the 10% trading margin above the interbank rate.
By Tafadzwa Mhlanga
Feb. 25, 2024
Truworths shuts down 6 stores
Truworths Ladies outlets, Truworths Men (six), Topics (14) and Number 1 (12).
By Blessed Ndlovu
Jan. 22, 2024
Candid Comment: ‘It just does not make any sense at all!’
TRUWORTHS chief executive officer and executive director Bekithemba Ndebele has painted a gloomy picture of the country’s clothing industry.
By Mthandazo Nyoni
Nov. 24, 2023
Truworths boss says textile industry cannot benefit from AfCFTA
TRUWORTHS Ltd CEO Bekithemba Ndebele says the local textile industry is too decimated to benefit from the(AfCFTA) as over 90% of formal manufacturers have shut down.
By Melody Chikono
Nov. 10, 2023
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
