Like many companies in Zimbabwe, Delta, which is 40% owned by Anheuser-Busch Inbev, has been hit by an acute shortage of United States (US) dollars.
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Zimbabwe's Delta hikes price of beer as liquidity crunch bites | IOL Business ReportThis comes after the company decided to drop the decision to sell its drinks in the US dollar after talks with the government and the central bank.
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Zimbabwe on edge in anticipation of price hikes | IOL Business ReportHard currency shortages have grounded business and raised the cost of living for Zimbabweans as inflation wreaks havoc on the economy.
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