Crisis, as Delta Corporation rejects Bond Notes

Crisis, as Delta Corporation rejects Bond Notes

By Daniel Chigundu GIANT beverages manufacturing firm, Delta Corporation has advised its wholesale and retail customers that it will now be selling its products in US Dollars beginning Friday (4 January 2019). Delta which accounts for the majority of beverages in the country both alcoholic and sparkling needs about US$40 to US$60 million per year to import raw materials from such countries as Swaziland. However, due to the prevailing economic hardships in the country, the company has been failing to get enough foreign currency to import the raw materials leading…

Read More