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Nestlé has resumed its operations in Zimbabwe following the suspension of its activities last month over a dispute on buying milk from suppliers linked to the wife of President Robert Mugabe.
Nestle's move was a setback to efforts by a new unity government set up by Mugabe and Prime Minister Morgan Tsvangirai, to attract foreign investors in a bid to fix Zimbabwe's battered economy.
HARARE, July 2 (NewaDay Live)-NESTLÉ Zimbabwe has increased production of its popular breakfast cereal, CEREVITA, following a US$7 million investment into local manufacturing to meet rising demand.
Nestlé Zimbabwe has ramped up local production of its popular flagship breakfast cereal, CEREVITA, in response to a sharp increase in consumer demand across the country.
Nestle has remained silent on reports that the Zimbabwe government has launched an investigation into the Swiss food giant’s financial dealings in the country. According to a report in the ...
Neither Nestlé nor the ministry have released the exact terms of the agreement, though sources said Gushungo Dairy Estate, controlled by Grace Mugabe, wife of the president, would sell its milk to a ...
Zimbabwe's government has asked food giant Nestle to resume operations in the country, saying it guaranteed the operations of the firm and its staff from interference, state media reported on Friday.
Swiss food company Nestle's <NESN.VX> Zimbabwe unit has suspended operations, two months after pulling out of a deal to buy milk from a farm owned by President Robert Mugabe's family, state media ...
The government responded by freezing the company's local bank accounts in what was seen as a retributive move, but rescinded that decision after negotiations with Nestlé management. Commenting on the ...
Zimbabwe's government has asked food giant Nestle <NESN.VX> to resume operations in the country, saying it guaranteed the operations of the firm and its staff from interference, state media ...
In Zimbabwe, Nestlé currently partners with over 350 local suppliers and 18 farmers, supports 149 full-time staff, and provides work for 268 casual employees. It also runs an annual graduate ...
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