Tag: facility

Zimbabwe: RBZ Facility Enables U.S.$22.5 Million Afdis Debt Settlement

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

Africa: Call for African Medical Supplies Manufacturing Facility

President Cyril Ramaphosa says the continent needs to build a vibrant and innovative African medical supplies manufacturing capability that meets the health needs of the continent’s people. Addressing the High-Level Virtual Conference on Africa’s Vaccine Manufacturing for Health Security on Monday, the President said throughout the COVID-19 pandemic, Africa has demonstrated that it has extensive