Dunlop Zimbabwe Sales Rise Following Granting of Forex Permit
According to a company official, sales at Dunlop Zimbabwe Limited have significantly improved since the company received a license entitling it to sell its products in foreign currency. The license was granted to Dunlop Zimbabwe by the Reserve Bank of Zimbabwe in late November 2008.
Without releasing specific figures, company managing director Kennedy Mandevani said that sales have been steadily increasing. “The FOLIWARS (Foreign Exchange Licensed Warehouses and Retail Shops) sales are gradually picking up and will make a positive difference to our sales mix,” he said. “Dunlop is intensifying its marketing campaign so that more of our customers are made aware of this facility.”