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

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. Advertisements Blocked funds refer to foreign currency earnings that externally based companies like Choppies had generated through…

Subscribe to read full article. Subscribe today

Related posts

Mutapa Gold sticks to production plan

Equity gains lift Datvest fund

Eagle REIT expands development pipeline

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More