Zimbabwe: RBZ Facility Enables U.S.$22.5 Million Afdis Debt Settlement
June 26, 2021
A FACILITY provided by the Reserve Bank of Zimbabwe (RBZ) has enabled African Distillers Limited (Afdis) to pay US$22.5 million to the South Africa based partner, Distell Limited. Details contained in the Independent Auditor’s report to Afdis shareholders for the period ended March 31 2021 show that the central bank facility enabled the company to