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Home » Choppies flags Zimbabwe amid financial woes…as group gets US$1.8 million government payment in blocked funds

Choppies flags Zimbabwe amid financial woes…as group gets US$1.8 million government payment in blocked funds

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SUPERMARKET chain Choppies Enterprises (Choppies) has confirmed receipt of a US$1,8 million lump sum payment for blocked funds from the government of Zimbabwe aimed at settling outstanding obligations to foreign shareholders and restoring confidence in the business community. Blocked funds refer to foreign currency earnings that externally based companies like Choppies had generated through their…

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