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Car firm halts production

    JOHANNESBURG

    Zimbabwe’s largest car assembly firm Willowvale Mazda Motor Industries on Thursday shut down because of acute foreign exchange shortages and the depressed economy. The company’s chairman said the position would be reviewed after two weeks, ‘The Star’ newspaper reported. The state-owned company normally sells 17 assembled cars a day.

    Meanwhile, South African vehicle exporter Nissan has suspended supplies to Zimbabwe because of the foreign currency crisis, the Economic Intelligence Unit said.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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