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MFE Mediaforeurope N : 03 05 2024 - Board Members Curricula Vitae

Indian Distilleries and Breweries hopes to expand to Zimbabwe halted by RBZ

The company, which is led by Indian businessman Ashok Jain, was reported in local press to want the loan to assist in creating a large-scale sugarcane ethanol production project in Zimbabwe. The RBZ’s decision reportedly follows Jain’s recent legal troubles in India as well as NV Distilleries initially making a request for a US$100 million…

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