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Dairibord sticks it out in Malawi

HARARE – Listed milk processor Dairibord Holdings Limited (Dairibord) says it is retaining its Malawi-based business for strategic reasons, despite the unit failing to contribute significantly to the group’s bottom line. Dairibord Malawi (DM) is currently facing viability problems due to foreign currency shortages coupled with local currency devaluation in the southern African country —…

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