Search / Delta
Obert Mpofu looks to revive Zanu-PF business empire
President Emmerson Mnangagwa's ruling Zanu-PF is looking to revive its fallen business empire, crippled by gross mismanagement and corruption.In an exclusive interview with the Daily New...Published: 6 hrs ago | 1455 | by Staff reporter
Vic Falls man hangs self after bar brawl
A VICTORIA Falls man hanged himself following a bar brawl with a resident at Lupinyu business centre early this week.Matabeleland North police spokesperson Siphiwe Makonese confirmed Moses Jub...Published: 13 hrs ago | 374 | by Staff reporter
Corporates and cholera philanthropy
IT was recently reported that Econet Zimbabwe founding chief executive officer and now majority shareholder, Strive Masiyiwa issued a social media statement that questioned the transparency of the use...Published: 20 Sep 2018 at 07:09hrs | 183 | by Takura Zhangazha
Ministers, MPs' cars suspended
PRESIDENT Emmerson Mnangagwa's government yesterday suspended plans to buy new vehicles for the new Cabinet ministers and Members of Parliament and channelled the money towards fighting the cholera ep...Published: 20 Sep 2018 at 06:45hrs | 1587 | by Staff reporter
Hefty perks for Obert Mpofu and other fired old gurad
President Emmerson Mnangagwa has thrown a lifeline to his fellow comrades-in-arms whom he dropped from his Cabinet more than a week ago by giving them plum jobs at the Zanu-PF headquarters, complete w...Published: 16 Sep 2018 at 13:37hrs | 6449 | by Staff reporter
ZSE ignores 'Mthuliphoria'
The Zimbabwe Stock Exchange (ZSE) slipped into the red unperturbed by the excitement showing across markets on the appointment of new treasury chief, Mthuli Ncube, it has emerged.Slipping into...Published: 15 Sep 2018 at 21:48hrs | 1269 | by Staff reporter
Delta invests $3m into Bulawayo infrastructure projects
BEVERAGES maker, Delta Corporation, has invested close to $3 million in effluent and road upgrade projects in Bulawayo since 2016 as part of its community development initiatives. As one of th...Published: 13 Sep 2018 at 06:21hrs | 167 | by Staff reporter
Mthuli Ncube embarks on stakeholder listening & consulting roadshow
Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry.&nbs...Published: 12 Sep 2018 at 12:46hrs | 8161 | by Agencies
Delta in accelerated sustainability spending
DELTA Corporation (Delta) says it has invested at least $2,9 million in infrastructure-related corporate social investments under its integrated sustainable development framework.Sustainabilit...Published: 10 Sep 2018 at 06:54hrs | 259 | by Staff reporter
Zimbabwe economy skids
Analysts have raised fears that the country's troubled economy could soon plunge into another full blown crisis akin to the ugly 2008 hyper-inflationary era — unless the government acts urgently to ...Published: 05 Sep 2018 at 15:46hrs | 1908 | by Staff reporter
Mnangagwa blamed for failure to address 'legitimacy' issues, prices soar
THE prices of basic commodities have risen sharply since elections held on July 30 to levels that are too high for a dollarised economy.The bout of inflation is blamed on excessive government ...Published: 04 Sep 2018 at 06:50hrs | 2289 | by Staff reporter
Zimbabwe donates 10 rhinos to DRC
Zimbabwe has donated 10 white rhinos to the Democratic Republic of Congo (DRC), the Zimbabwe Parks and Wildlife Management Authority (ZimParks) has said.According to the organisation, the dona...Published: 03 Sep 2018 at 17:13hrs | 1237 | by Staff reporter
Free for all bananas after truck accident
Villagers from the surrounding community, passengers in buses and other vehicles ignored a trapped driver and quickly helped themselves to bananas that were strewn all over the Mutare-Harare highway a...Published: 24 Aug 2018 at 05:33hrs | 441 | by Staff reporter
Zimbabwe shops run out of soft drinks
DELTA Beverages has urged its customers to be patient following a shortage of soft drinks and maheu products on the local market.In a written response to questions from Business Chronicle yest...Published: 17 Aug 2018 at 06:15hrs | 1206 | by Staff reporter
Chamisa challenge weighs down ZSE
THE Zimbabwe Stock Exchange (ZSE)'s market capitalisation lost over $200 million last week as the market indices continued to be held down by the uncertainty around elections, ZSE data shows.A...Published: 14 Aug 2018 at 06:43hrs | 2846 | by Staff reporter
Factors impeding growth of industry in Bulawayo
IN my first submission I sought to unpack Bulawayo deindustrialisation and highlighted the political impact on the state of the manufacturing sector.Today I continue my submission with focus o...Published: 08 Aug 2018 at 06:31hrs | 313 | by Obert Sibanda
Investors cautious till election resolution
TRADING on the Zimbabwe Stock Exchange (ZSE) was down last week as investors were weighing their options and exercising extreme caution ahead of an announcement of the election results, trading data h...Published: 07 Aug 2018 at 07:20hrs | 173 | by Staff reporter
Private sector could demand salary hike
The civil service salary increment may prompt workers in the private sector to demand pay hikes, according to analysts at IH Securities. Earlier this year, the Government increased civil serva...Published: 07 Aug 2018 at 07:09hrs | 264 | by Staff reporter
Zimbabwe Stock Exchange sneeze before elections
The Zimbabwe Stock Exchange (ZSE) closed slightly lower during the last few days of official trade before the general elections set for tomorrow.After close on Thursday, the All Share Index fe...Published: 29 Jul 2018 at 09:59hrs | 174 | by Staff reporter
Zimra insists on $100m loan tax
A DELAY by the Zimbabwe Revenue Authority in clarifying tax issues around a $100 million commercial loan recently advanced by the British government, through the state-run Commonwealth Development Fun...Published: 27 Jul 2018 at 11:20hrs | 294 | by Staff reporter
Mnangagwa gets new nickname
President Emmerson Mnangagwa has earned a new nickname as "Mr Groundbreaking" for daily officiating at life-changing national projects being initiated across the country to revitalise the economy....Published: 26 Jul 2018 at 07:12hrs | 2187 | by Staff reporter
Mnangagwa gets new Nickname 'Mr Groundbreaking'
President Emmerson Mnangagwa has earned a new nickname as "Mr Groundbreaking" for daily officiating at life-changing national projects being initiated across the country to revitalise the economy....Published: 26 Jul 2018 at 06:35hrs | 1640 | by Staff Reporter
'New dispensation', same old lies
Ag shame! On the 6th of July I came across a shockingly screaming newspaper headline ED creates 60 000 jobs, I was in the sprawling border town of Beitbridge.Being one not to quickly believe o...Published: 25 Jul 2018 at 07:43hrs | 331 | by Ishemunyoro Mupokosera
Lumumba ejected from Mnangagwa function?
Acie Lumumba - real name William Gerald Mutumanje - was yesterday ejected from President ED Mnangagwa's tour of Delta for gatecrashing.The controversial activist turned up at the Delta Corpora...Published: 24 Jul 2018 at 15:11hrs | 9539 | by Staff reporter
Mnangagwa hails Delta Corporation
PRESIDENT Mnangagwa yesterday toured Delta Beverages lagers manufacturing plant in Harare, where the company undertook to invest $50 million annually towards expansion and upgrading of its plants acro...Published: 24 Jul 2018 at 06:50hrs | 545 | by Staff reporter
'New dispensation', same old lies
Ag shame! On the 6th of July I came across a shocking Sunday Mail headline screaming ED creates 60,000 jobs. I was in the sprawling border town of Beitbridge. Being one not to quickly believe or write...Published: 22 Jul 2018 at 09:44hrs | 381 | by Ishemunyoro Mupokosera: MDC Alliance Candidate for Mudzi South Constituency
Delta bemoans forex shortages
Beverages giant, Delta Corporation Limited has said foreign currency shortages continue to have a knock on effect on its business especially packaging material, although earnings were positive in the ...Published: 13 Jul 2018 at 08:22hrs | 562 | by Staff reporter
Delta revenue jumps 40%
DELTA Corporation Limited has reported a 40% increase in revenue as a result of an upsurge in all its beverage categories which was driven by higher consumer demand during the first quarter of the yea...Published: 13 Jul 2018 at 08:15hrs | 518 | by Staff reporter
RBZ doubles up cash imports to $100m
The Reserve Bank of Zimbabwe (RBZ) has doubled cash imports to $100 million per month as the central bank tries to ameliorate the prevailing cash shortages as well as meet rising demand from recoverin...Published: 08 Jul 2018 at 12:55hrs | 453 | by Staff reporter
Zimbabwe seeks $500m from Afreximbank
THE Reserve Bank of Zimbabwe (RBZ) is negotiating a $500 million funding package with the African Export and Import Bank (Afreximbank), as part of efforts to resolve the foreign currency shortages bli...Published: 02 Jul 2018 at 07:24hrs | 252 | by Staff reporter
Mining experts call for Mnangagwa to address Forex challenges
Mining experts have blasted president Emmerson Mnangagwa's Guruve Eureka Gold Mine tour saying the industry is facing same major crisis of foreign currency, which if addressed can speed resuscitation ...Published: 22 Jun 2018 at 09:01hrs | 773 | by Simbarashe Sithole
Mnangagwa reopens Eureka Gold Mine
Zimbabwe and the people of Guruve in particular will soon benefit from the re-opening of Eureka gold mine near Guruve Growth Point.The gold mine has been resuscitated by Delta Gold Zimbabwe, w...Published: 20 Jun 2018 at 18:36hrs | 1933 | by Staff reporter
Ecobank rolls out $150m letter of credit lines
Ecobank Zimbabwe has rolled out over $150 million worth of letters of credit lines into the Zimbabwean market in the last eight months as the bank moves to support the economy.Ecobank Zimbabwe...Published: 20 Jun 2018 at 07:19hrs | 361 | by Staff reporter
Mzilikazi honoured for Copa success
MZILIKAZI High School in Bulawayo tasted the joy of winning the country's most prestigious schools football tournament, the Copa Coca-Cola, four times when they received a donation of books from the s...Published: 14 Jun 2018 at 07:17hrs | 312 | by Staff reporterq
Zimbabwe forex receipts up to $2.8bn
Zimbabwe's economy has made a remarkable upswing since the beginning of year, with foreign currency receipts rising to $2,8 billion in the first five months of the year from the same period a year ago...Published: 10 Jun 2018 at 09:15hrs | 858 | by Staff reporter
More externalised funds coming
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says more individuals and companies continue to heed Government's call to repatriate funds salted away in prior years.The RBZ is next w...Published: 27 May 2018 at 10:06hrs | 1528 | by Staff reporter
Not the Econet way...
Econet is by far the leading mobile network provider in Zimbabwe and stand their ground even outside the borders. I hear they have over five million local subscribers in Zimbabwe.EcoCash is wi...Published: 18 May 2018 at 07:04hrs | 263 | by Nkululeko Nkala
Zimbabwe braces for price increases, shortages
As the country hurtles towards the watershed national elections, struggling companies are warning of steep price increases and debilitating shortages of basic goods due to Zimbabwe's worsening foreign...Published: 14 May 2018 at 07:51hrs | 1359 | by Staff reporter
Beer shortages relief for Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has released US$1 million to Delta Beverages to avert potential beer and soft drinks shortages due to foreign currency challenges for imports.RBZ Governor Dr...Published: 13 May 2018 at 09:33hrs | 3472 | by Staff Reporter
Delta, Coca-Cola still negotiating over notice of termination
Zimbabwe Stock Exchange (ZSE) listed blue chip counter Delta Beverages says negotiations are still ongoing with the Coca-Cola Company following a notice issued last year to terminate its bottling agr...Published: 10 May 2018 at 21:07hrs | 4572 | by Staff reporter
Zimbabwe left with 1 week's supply of beer
Imbibers and soft drink lovers are headed for hard times as the products are fast running out on supermarket shelves amid revelations that the country's biggest producer, Delta Beverages was left with...Published: 09 May 2018 at 06:59hrs | 1709 | by Staff reporter
Foreign investors prey on ZSE
Foreign investors are buying more than they are selling on the Zimbabwe Stock Exchange (ZSE) with interest in blue-chip counters.Statistics from the bourse show that foreign investors have bee...Published: 06 May 2018 at 10:10hrs | 157 | by Staff reporter
Chamisa looks to rejuvenate rural areas
MDC Alliance president Nelson Chamisa wants to modernise the rural hinterland to boost rural incomes and living standards, according to a policy statement he unveiled on Saturday and Sunday in Seke an...Published: 03 May 2018 at 13:56hrs | 624 | by Staff reporter
World Cup chance for Zimbabwean fans
DELTA BEVERAGES, through their Castle Lager brand, yesterday unveiled a programme to sponsor up to 10 Zimbabwean football fans to watch the 2018 FIFA World Cup Finals in Russia.The company rev...Published: 13 Apr 2018 at 07:16hrs | 434 | by Staff reporter
Maridadi blasts BAZ over radio licences
MABVUKU-TAFARA MP, James Maridadi yesterday blasted the Broadcasting Authority of Zimbabwe (BAZ) for continuously issuing radio licences to the same players linked to the State and the ruling Zanu-PF ...Published: 11 Apr 2018 at 07:15hrs | 390 | by Staff reporter
Delta Corporation under investigation
THE Zimbabwe Anti-Corruption Commission (Zacc) is investigating the alleged misappropriation and mismanagement of funds by beverages manufacturer Delta Corporation from a pension fund that was set up ...Published: 24 Mar 2018 at 19:42hrs | 1607 | by Staff reporter
US based Zimbabwe immigration lawyer dies
UNITED STATES-BASED Zimbabwean immigration lawyer, Linda Kadzombe, who died last week soon after landing in Atlanta on her way to Dallas, will be buried at Glen Forest Cemetery in Harare on March 27, ...Published: 16 Mar 2018 at 06:20hrs | 653 | by Staff reporter
Zimbabwean maths teacher shines in SA
A Zimbabwean teacher, Mishael Tafadzwa Matonhodze has won South Africa's top teaching prize for excellence in Mathematics and Science, an achievement that vindicates Zimbabwe's long-standing milestone...Published: 10 Mar 2018 at 09:23hrs | 2703 | by Staff reporter
Coca Cola shortage to hit Zimbabwe
Well, that could soon be a reality in Zimbabwe.The popular drink, which is already in short supply, is likely to disappear from the shelves in the next few weeks, thanks to the foreign currenc...Published: 09 Mar 2018 at 12:23hrs | 4060 | by Staff reporter
Ingwebu requires $100m war chest
Ingwebu Breweries which was unbundled last year needs more than $100 million to be fully turned around, Bulawayo City Council (BCC) mayor, Martin Moyo, has revealed.Ingwebu has been run under ...Published: 14 Feb 2018 at 05:56hrs | 843 | by Staff reporter
Load More Stories
