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Innscor invests in beer plant
ZIMBABWE Stock Exchange-listed Innscor Africa Holdings has invested close to US$70 million into a beer manufacturing plant under its Buffalo Brewing Company (Buffalo) with more funds expected to be in...Published: 11 Nov 2022 at 05:08hrs | 1 | by Staff reporter
Chiwenga warns Innscor
A TENSE meeting between President Emmerson Mnangagwa and Innscor Africa shareholders over allegations of fuelling currency volatilities rocking the market had a chilling effect after Vice-President Co...Published: 12 Aug 2022 at 20:21hrs | | by Staff reporter
Innscor fined US$9m, ordered to divest from Probrands
THE Competition and Tariff Commission (CTC) imposed a fine of US$9,1 million on Innscor Africa Limited (Innscor) for consummating the merger of one of its subsidiaries without the Commission's approva...Published: 26 Jun 2022 at 12:26hrs | 10 | 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 &...Published: 11 Aug 2021 at 06:32hrs | | by Staff reporter
Innscor reports good performance in all business portfolios
INNSCOR Africa Limited posted a $48,6 million profit after tax in the full-year ended June 2018 from $34,4 million in prior period, as all its business portfolios reported good performance.The...Published: 01 Oct 2018 at 07:07hrs | | by Staff reporter
Zimbabwe bottled water 'scam' shakes market
PANIC gripped the country's retail sector yesterday, with some shops rejecting some bottled water brands deemed as contaminated.The Zimbabwe Independent first broke the story following laborat...Published: 29 Sep 2018 at 12:51hrs | 1 | by Staff reporter
Mnangagwa endorsement wake up call for Chamisa
For the past three weeks, the MDC-Alliance leader Nelson Chamisa derailed Zimbabwe's progress through a poorly-thought out court petition against President Mnangagwa's electoral victory on July 30, 20...Published: 29 Aug 2018 at 06:28hrs | | by Staff reporter
Schweppes face boycott over Mazoe brands
SCHWEPPES Zimbabwe has come under fire for changing the ingredient formulation on the Mazoe syrups and Mazoe Orange Crush without informing consumers.Angry consumers have gone on social media ...Published: 17 Jun 2018 at 20:47hrs | | by Staff reporter
Mutare Bottling retrenches
Beverages manufacturer Mutare Bottling Company (MBC) has retrenched 61 employees.Managing director Allen Lang said MBC was cutting back on staff at the main plant and at its Rusape depot as it...Published: 06 Jul 2017 at 14:37hrs | | by Staff reporter
Zimra shuts down Chinese firm
THE Zimbabwe Revenue Authority (Zimra) has shut down a Chinese blanket manufacturing firm, Veleez, for circumventing their duty and tax obligations.Chinese firms are reportedly dodging Zimra i...Published: 16 Jun 2017 at 08:30hrs | | by Staff reporter
Coca-Cola to buy back African bottling venture stake
Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3,15 billion and hold onto it until it finds a new owner, the companies said....Published: 22 Dec 2016 at 13:14hrs | | by Staff Reporter
Delta pours $41 000 into pool national tournament
The biggest beverage maker Delta Corporation has increased sponsorship of the Carling Black Label (CBL) pool tournament from $35 000 last year to $41 000 as the tournament has grown bigger and better ...Published: 14 Nov 2016 at 07:40hrs | | by Staff reporter
Coca-Cola to terminate Delta Beverages Agreement
The Coca-Cola Company has given notice of its intention to terminate the Bottlers' Agreements with Delta Beverages and its associate Schweppes Holdings Africa Limited. This follows t...Published: 20 Oct 2016 at 21:30hrs | | by Staff reporter
Goldstar Sugars Harare plant reopens
White Goldstar sugar from the Goldstar Sugars Harare plant is expected to be released onto the market this week, following the upgrading of the plant, which began in August last year. Pub...Published: 15 Sep 2014 at 19:18hrs | 1 | by Staff Reporter
Coca cola bows to Zanu-PF pressure
After finding itself on the wrong side of Zanu-PF, Coca-Cola Zimbabwe has moved speedily to remove an open palm symbol it was using on its red cans as part of its "Crazy for Good Campaign".The...Published: 06 Jul 2013 at 05:54hrs | | by Staff reporter
Coca-cola denies accusations of propping up MDC-T's electoral chances
COCA-COLA Zimbabwe has been forced to deny accusations that a new marketing campaign for its canned drinks is designed to shore up the electoral chances of the MDC-T.The pro-Zanu PF state-run ...Published: 14 May 2013 at 03:10hrs | | by Staff reporter
Zim govt to remove unregistered bottled water from shelves
Government has repeated the warning that all bottled water brands that are not registered will be removed from shelves and destroyed without prior notice.Bottled water companies, manufacturers...Published: 13 Jan 2012 at 04:30hrs | 2 | by Staff reporter
Govt bans 40 water bottling firms
The Zimbabwe government has banned 40 water bottling firms for failing to meet safety and quality standards. This follows an influx of bottled water suppliers in response to a surge in demand....Published: 18 Nov 2011 at 22:50hrs | | by Staff reporter
Zimbabwe's Delta Corporation boosts SABMiller's strong volumes
SABMiller, the world's second-biggest brewer by volume after Anheuser-Busch InBev NV (ABI.BT), benefited from a strong performance in Asia and Africa, where socio-economic improvement, rising incom...Published: 21 Jul 2011 at 11:04hrs | | by Ndou Paul
New IMF Mission to Zimbabwe
A delegation from the International Monetary Fund arrived in Harare on Wednesday to begin routine economic consultations with the government and financial institutions amid threats from President...Published: 17 Mar 2011 at 04:54hrs | | by Byo24News
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