Dec
23
Nestle exits Zimbabwe
December 23, 2009 | | Leave a Comment
Via the ManufacturingHub.co.za blog:
International food group Nestle has confirmed that it is closing its operations in Zimbabwe after it refused to bow to pressure to buy its milk from a company owned by the wife of controversial president Robert Mugabe.
After being exposed in the media, Nestle withdrew its commercial relationship with Mugabe.
The company has apparently faced pressure in Zimbabwe since October.
SAPA is reporting that Nestle then received a surprise visit from Zimbabwean government officials to its plant and forced it to take delivery of milk from a “non-contracted” supplier.
This would appear to serve as another blow to the already embattled Zimbabwean economy ahead of 2010.