Delta foreign currency sales rise 80%

BEVERAGE maker, Delta Corporation Limited (DCL) has recorded an 80% rise in foreign currency sales in its half year ended September 30, 2023, as the economy continues to dollarise.

On September 28, 2023, the Zimbabwe National Statistics Agency revealed that 80% of all transactions in the country were now in foreign currency, particularly in United States dollars (USD), with the remainder being in local currency.

This comes as consumers have moved away from the depreciating Zimdollar which has, year to date, lost over 700% in value against the greenback.

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