Delta Beverages has closed its soft drinks plants citing inadequate foreign currency to keep them running. Delta requires at least $60...
Delta Beverages has closed its soft drinks plants citing
inadequate foreign currency to keep them running.
Delta requires at least $60 million to $100 million in
foreign currency per annum to import critical raw materials.
Delta corporate affairs executive Patricia Murambinda tod
The Standard that the soft drinks bottling plants had been adversely affected
by the challenges in securing raw materials, leading to extended periods of
production stoppages and out of stock situations.
“Delta bottling plants have been running intermittently
during the last six months due to the limited availability of imported raw
materials. Of late, the factories have been on shutdown since late November, as
evidenced by the current limited market supply of soft drinks.
“We were availed a small allocation of foreign currency by
the Reserve Bank, which will allow the plants to run for a week leading to
Christmas.
“The shortage of forex is well articulated, and is beyond
the control of the company. In short we are unfortunately heading for a dry
festive period. We can only apologise to our valued customers and consumers”.
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