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*RBZ To Pay National Foods' $54,9 Million Debt* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?tr The Reserve Bank of Zimbabwe (RBZ) will pay National Foods Limited’s legacy debt amounting to $54,9 million owed to one of its major grain suppliers. In a statement accompanying the company’s financial results for the half year period ended 31 December 2018, group chairman Mr Todd Moyo said the company had reached an agreement with the RBZ. Moyo said: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > During the period an agreement was reached between the Reserve Bank of Zimbabwe (RBZ) and the group’s major grain supplier wherein the RBZ assumed the group’s legacy debt to its supplier amounting to $54,9 million. National Foods settled the full amount locally to the Reserve Bank, resulting in a reduction in its creditors. More: Chronicle _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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