LISTED agro-concern CFI Holdings says it will continue to prioritise continued investments in its milling operations in the short term to underpin the group’s long-term competitiveness. Group chairperson, Ms Itai Pasi, said in a statement of financials for the year ended September 30, 2023, that the long-term focus remained on the development of low-cost housing…
CFI holdings reported a 56 percent decline in turnover to $29.3 million for the full year to September 30 from $66.6 million recorded in the same period in the prior year on the back of waning disposable incomes and inadequate working capital, the company said. Sales for the poultry, specialised and retail divisions fell by