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Sugar tax harming Zimbabweâ€™s beverage industry

Zimbabweâ€™s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the countryâ€™s sugar content surtax on beverages is crippling local manufacturers and undermining competitiveness, urging the go…

Published: 03 Sep 2025 at 09:02hrs | 11 | by Staff reporter

Beverage makers say 35% RBZ rate hampers growth

Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining growth and limiting access to affordable f…

Published: 14 Aug 2025 at 10:41hrs | 133 | by Staff reporter

Delta slams local sugar producers over poor quality

Delta Corporation Limited has raised alarm over the poor quality of sugar supplied by Zimbabwe's top producers, accusing them of delivering a product that fails to meet global standards required for beverage manufacturing.In a revealing pr…

Published: 09 Jul 2025 at 07:50hrs | 284 | by Staff reporter

Varun Beverages brings PepsiCo snacks to Zimbabwe

Varun Beverages Limited will start distributing PepsiCo snacks in Zimbabwe and Zambia from next week, with plans to begin local manufacturing when its production plant comes online in October this year.PepsiCo South Africa's senior sales a…

Published: 31 Jan 2025 at 07:26hrs | 2 | by Staff reporter

Zimbabwe to stop smuggling of beverages

Zimbabwe's beverage sector has been affected by rising cases of smuggling, a new report has shown.In a paper submitted to Cabinet, Industry and Commerce minister Sekai Nzenza said there had been an "avalanche" of cheaper products from comp…

Published: 21 Dec 2022 at 20:09hrs | 2 | by Staff reporter

Delta Beverages faces MPs grilling over beer levy

DELTA Beverages bosses are facing a Parliamentary grilling over beer levy remittances to local authorities amid fears some were capitalising on lack of proper accounting systems to unlawfully under-remit the levy, it has emerged.The beer b…

Published: 11 Sep 2022 at 15:19hrs | 4 | by Staff reporter

Delta, Varun share beverages market

DELTA Corporation's market share in the non-alcoholic beverages market is facing serious threat from PepsiCo's Varun Beverages which has taken on an aggressive market penetration strategy, Morgan & Co, a securities firm, has observed.C…

Published: 11 Aug 2021 at 06:32hrs | 7 | by Staff reporter

Delta completes MBC takeover

BEVERAGES blue-chip Delta Corporation has achieved its plan to expand its multiple brands' footprint into Manicaland province after a key regulator approved a transaction to take over Mutare Bottling Company (MBC) for an undisclosed amount…

Published: 21 Mar 2021 at 08:36hrs | 5 | by Staff reporter

Delta Corp volumes drop on price hikes

BEVERAGES producer, Delta Corporation, has recorded subdued volume performance for the quarter ended March 31, 2019 amid declining demand due to price increases. In a trading update for the period under review, the corporation's company se…

Published: 26 Apr 2019 at 07:12hrs | 1329 | by Staff reporter

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