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
