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Axia Corporation, the VFEX-listed company also runs TV Sales & Home (TVSH) (Picture via Axia Corporation)

Axia Corporation’s debt jumps to US$18.9m due to growth initiatives

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Distributed Group Africa (DGA), one of the largest distributors of consumer goods in the country, has stopped supplying formal retailers because they pay late. DGA is a unit of Axia Corporation, the VFEX-listed company which also runs TV Sales & Home (TVSH).

Supermarkets suffer another blow as big supplier shuns them over late...

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