Swissco Construction Limited has warned that inflation and exchange-rate volatility are increasing construction costs, putting pressure on contractors and ultimately forcing clients to pay more for building projects. Speaking in an interview with Zambian Business Times-ZBT, an official from Swissco Construction Limited said the cost of doing business had increased by between 20 and 30%, negatively affecting the construction industry. “This has a negative impact on the industry because the cost of doing business has increased by between 20 and 30%. Exchange rates going up are not good for the client, and going down is not good for the contractor,”...
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