Dairibord Completes Malawi Exit

Listed milk processor, Dairibord Holdings Limited Zimbabwe (DHL) has announced that a deal to exit from its Malawi unit is done and is now being dusted. The company’s Malawian subsidiary posted a loss after tax of 700 000 Dollars in 2018, an increase of 17% on the previous year loss due to working capital constraints. ZTN’s Ndaka Majaka unpacks the development.