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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.
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.
Saharan Africa is set to triple by 2050, local and global dairy companies including Nestlé, Danone, and Dairibord are ramping ...
Nestlé announced a $7m (R125.5m) investment to expand its cereal manufacturing facility in Harare, reinforcing Zimbabwe’s role as a strategic hub for breakfast cereal production in the East and ...
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.
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 ...
Nestlé’s Harare factory is one of the few cereal manufacturing facilities of its kind in the region and a cornerstone of its US$40 million investment programme to scale cereal and coffee production ...
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 ...
At the time, Nestle said its business with the farm accounted for 10-15 percent of its local milk supply and that it had a long-term commitment to Zimbabwe.
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 ...
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 ...