Posted in the Harare, Zimbabwe Forum
SMEs squeezed by Chinese invasion
Alec Marembo has built his family fortune making bricks in Dzivarasekwa, a sprawling high-density suburb north of the capital of Zimbabwe.
But due to the economic crisis of the last decade, his fortune started crumbling. Although he could break even when the downturn started, he finally gave in to competition from the Chinese.
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