Delta Beverages resumes sales in RTGS dollars

DELTA Beverages has resumed sales in RTGS dollars, citing an improvement in the availability of foreign currency from the interbank market.

The firm, which is the country’s largest manufacturer of beverages, requires between US$60 million and US$100 million in foreign currency per annum to import critical raw materials.

The sparkling beverages unit takes up at least 50% of these foreign currency requirements to pay for concentrates as well as packaging materials from external suppliers.

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