Dunlop Zimbabwe to Receive Distress Fund Lifeline
Dunlop Zimbabwe, the country’s largest tyre manufacturer, is set to receive assistance from the local government’s Z$5 trillion Distressed Companies Fund. Industry and International Trade Minister Obert Mpofu revealed this week that the company was one of over 300 companies that applied for assistance from the fund. He said: “Dunlop is a very strategic company that we, as government, will not watch to the time it folds. On the part of government, we have resolved to make it one of the companies that will benefit from the Z$5 trillion facility that we unveiled for distressed companies”.