Delta battles Zimra over US54.7 million debt

The Ministry of Finance, Economic Development, and Investment Promotion has been forcing companies to pay taxes based on their earnings in local versus foreign currency.
By Tatira Zwinoira Nov. 10, 2024

Delta pays US$20m sugar tax in 9 months

The impact of the sugar tax on Delta is expected to be felt in the beverage maker’s financial year ended March 31, 2025, on top of existing taxes.
By Freeman Makopa and Honour Mudavanhu Nov. 8, 2024

Delta prices to remain, despite sugar tax waiver

The January 8 ministerial statement by Ncube announced the reduction in the sugar tax to US$0,001 per gramme of sugar.
By Blessed Ndlovu Jul. 29, 2024

AMH board member Moyo dies

Details of his funeral arrangements and burial date are yet to be announced.
By Online Reporter Jul. 5, 2024

IH Securities predicts Delta revenue to grow 7,4%

The growth was owing to a 13% increase in its lager beer volumes, sorghum beer (3%), sparkling beverages (29%), wines and spirits (1%) and Schweppes Holdings Africa (11%).
By Tatira Zwinoira Jun. 12, 2024

Interview: ‘Our products are gaining traction in South Africa’

interview with Delta chief executive officer Matlhogonolo Valela (MV,) during the company’s analyst briefing last week.
By Tatira Zwinoira May. 24, 2024

Delta to spend US$50m on capital projects

Amid an uncertain economic environment, Delta is seeking to scale up production across its segments both locally as well as in South Africa and Zambia.
By Tatira Zwinoira May. 19, 2024

Sweet sour sugar as Delta to pay US$46m in new tax

He said they were being very careful in everything they do not to compromise their offerings to customers.
By Tatira Zwinoira May. 17, 2024

ZSE rebases bourse to reflect ZiG

ZSE said all the ZSE indices would be re-based to 100 basis points.
By Business Reporter Apr. 9, 2024