VBL Zimbabwe signs exclusive distribution pact with Mondelez

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Varun Beverages Limited Zimbabwe has entered into a distribution agreement with Mondelez South Africa. This exclusive agreement will focus on chocolate, biscuits, candies, and gum products. The partnership is set to take effect from October 1, 2026. Varun Beverages plans to utilize its existing distribution network for this venture. The specific investment details have not been disclosed by the company at this time.