AB Inbev's Zimbabwe unit ends plan to accept only cashStaff Writer | January 4, 2019
Zimbabwe's largest brewing company Delta Beverages, 40 percent owned by Anheuser-Busch Inbev, said it has abandoned the plan to only accept hard currency payments due to crippling shortage of U.S. dollars after talks with the government and central bank.
Africa Zimbabwe's reserve bank will try to provide the foreign exchange
Earlier this week, Delta Corp said its beverages subsidiary will accept hard currency only from Jan. 4 to protect itself from a shortage of U.S. dollars in the country. ■