Zimbabwe's Delta hikes price of beer as liquidity crunch bites | IOL Business Report

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Zimbabwe's Delta hikes price of beer as liquidity crunch bites busrep

 

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AB InBev's Zimbabwe unit to abandon cash plan after government opposition | IOL Business ReportZimbabwe's reserve bank will try to provide the foreign exchange required by Delta to continue trading at current levels.
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AB inBev's Zim unit to charge in US dollars amid forex crunch | IOL Business ReportIn a circular dated January 2, Delta said it would from Friday stop selling its beers and soda drinks in the surrogate 'bond note' currency.
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Thirst for hard currency sees Zim drinks company ditch bond notesOne of Zimbabwe's leading taxpayers, Delta Beverages, will demand payment in foreign currency for its products from Friday, effectively shutting the door on bond notes. And here we all thought that land would cure all Zims troubles.
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