Surface Wilmar, the manufacturers of Pure Drop, has shut down operations due to the forex crunch. Surface Wilmar chief executive Sylves...
Surface Wilmar, the manufacturers of Pure Drop, has shut down operations due to the forex crunch.
Surface Wilmar chief executive Sylvester Mangani told Business Times that :“We have stopped our operations because the company has not been getting adequate foreign currency and this has led to the ballooning of our obligations with our foreign suppliers who has since indicated their intention to stop supplying the raw materials.
Foreign currency has been a challenge hence our current position to stop operations until further notice."
Surface Wilmar chief executive Sylvester Mangani told Business Times that :“We have stopped our operations because the company has not been getting adequate foreign currency and this has led to the ballooning of our obligations with our foreign suppliers who has since indicated their intention to stop supplying the raw materials.
Foreign currency has been a challenge hence our current position to stop operations until further notice."
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