Home » RBZ struggles with $4,9m NatFoods debt

RBZ struggles with $4,9m NatFoods debt

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NATIONAL Foods (NatFoods), one of Zimbabwe’s food processing giants, is struggling to import raw materials after the central bank failed to remit its US$54,9 million legacy debt owed to a foreign supplier. Earlier this year, NatFoods announced that the Reserve Bank of Zimbabwe had assumed its debt in a move meant to allow the company…

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