Delta corporation Limited (Delta) said shortages of its beverages will persist pending supply of foreign currency from the Reserve Bank of Zimbabwe (RBZ).
In a statement on Friday, the beverages company said it continues to sell its products in terms of the multi-currency framework. Said Delta:
The RBZ endeavours to avail the foreign currency required for the imported materials. It is noted that the arrangements will have lead times hence the current shortages of product particularly soft drinks will persist in the meantime.
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Delta Corporation Limited is a Zimbabwe Stock Exchange listed integrated beverage company with a diverse portfolio of local and international brands in lager beer, traditional beer, Coca-Cola franchised sparkling and alternative non-alcoholic beverages. It has investments in associate companies whose activities are in cordials and... Read More About Delta Corporation
The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe