Nestle Links With Mugabe's Wife
A report from the British Sunday Telegraph has revealed that the Swiss Multinational Company Nestle has been buying milk from a farm that was seized by the Zimbabwe Government and currently belongs to Grace Mugabe [wife of the Zimbabwean President].
It has been revealed that Nestle buys the milk on a cash basis. Nestle defends its decision on the basis of "preventing food shortages, loss of jobs". Nestle also contended that it had no other option but to buy in the opne market after the collapse of the Zimbabwe Economy.
Nestle has not been bound by any legislation which sanctions the Mugabe regime. It remains to be seen how Nestle will resolve its issue with milk so as to avoid any appearance of a conflict of interest. It also remains to be seen how Nestle intends to do business when the economy in Zimbabwe rebounds.