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Ravi Jaipuria

Racism storm hits Zim Pepsi maker

Workers at Varun Beverages Zimbabwe Limited (VBZL), producers of Pepsi drinks, yesterday downed tools alleging racism, human rights abuses and unfair labour practices at the company.

Address forex access issues: Varun boss

Varun Beverages Zimbabwe’s billionaire Indian investor, Ravi Jaipuria, says the Government must address issues around access to foreign currency needed by industry for key raw material imports to make the country more attractive to foreign direct investment.

Pepsi boss bemoans forex shortages

Zimbabwe needs to fix its foreign exchange shortage if it is to attract more investment, RJ Corporation chairperson Ravi Jaipuria said. RJ Corporation owns Varun Beverages which in turn holds the PepsiCo licence in Zimbabwe.