Beer drinkers go on vacation in Zimbabwe as giant beverages supplier demands payments in US$

Beer drinkers go on vacation in Zimbabwe as giant beverages supplier demands payments in US$

…..outlets stop selling to consumers awaiting outcome

By Wallace Mawire

A number of beer outlets in Zimbabwe’s capital Harare have stopped selling beer to thirsty consumers following the abrupt announcement by Delta Corporation that it would only accept the United States hard currency in place of the promissory bond note which had initially been pegged 1 to 1 with the US$.

The bond note has been fast losing value against the major currencies especially the US$ resulting in rapid increase in prices and black makerteering.

Beer outlets around Harare are reported to have stopped selling to thirsty consumers awaiting to receive the new US$ pegged prices from the giant wholesaler.

A beer retailer in Harare identified as Mrs Madamba told PAV that she had stopped selling to desperate beer drinkers and is awaiting to receive the new US$ prices from the supplier.She also said that when she visited the supplier, their doors were closed to retailers and they were not supplying.

However, a survey by PAV has also revealed that most of the outlets in the CBD had run out of beer supply.Some consumers were now opting to take spirits in place of the ordinary lager beers.Prices of lager beer have recently been skyrocketing with a small pint costing at least $2 bond in most outlets.

 

Giant beverages maker, Delta Corporation Limited, yesterday announced adoption of a United States dollar pricing system for all of its products as a measure to remain afloat on the back of inability to meet orders blamed on prevailing foreign currency shortages.

In a public notice to customers, management said the beverages business has been adversely affected by the prevailing shortages of foreign currency, resulting in it failing to meet orders.

It noted that soft drinks, for instance, had been out of stock for prolonged periods, acknowledging widespread consumer outcry over the shortage during Christmas and New Year holidays.

The company also attached a new price list and recommended retail prices, which are all in US dollars.

Industry and Commerce Minister Mangaliso Ndlovu said he was aware of Delta’s decision, but said he would engage the company to see if that can be reversed.

“I have seen it (the letter to customers advising of new pricing structure) but I think we should be meeting them on Friday (tomorrow). That cannot be allowed,” said Minister Ndlovu.

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