Capacity utilisation is going to tumble down to 27% in 2020 if the economic woes ravaging the country do not change during the course of the year.
According to Newswire, this is due to foreign currency problems and the power shortages that started 10 months ago.
Newswire Tweeted:
CZI says capacity utilisation fell to 36.4% in 2019, down from 48.2%, mostly due to forex and power shortages. Industry projects capacity utilisation in 2020 to fall further to 27% “if the policy direction does not change drastically”
