Zimbabwe: Over 400 Crest Breeders Workers Stage Demo

29 December 2012

More than 400 workers at Crest Breeders International in Beatrice on Thursday staged a demonstration against management's decision to put them on short working hours. Crest Breeders is a subsidiary of Zimbabwe Stock Exchange conglomerate CFI Holdings, which owns the Crest Poultry Group, Suncrest Chickens and Victoria Foods.

The decision to put the workers on short working hours from December 1, 2012 came less than a year after CFI received US$2,6 million in loans from the Government's Distressed Industries and Marginalised Areas Fund and Afreximbank.

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