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By Oliver Kazunga Listed beverages company, Delta Corporation, has recorded an eight percent drop in revenue for the second quarter ended September 30, 2016 on the back of weak volumes and depressed consumer demand. Low disposable incomes coupled with the continuing loss of jobs and delays in payment as well as prevailing cash shortages across […]
Zimbabwe’s largest beverages producer, Delta Corporation says acquisition of its parent firm, SABMiller by Belgian-American firm, Anheuser-Busch InBev in a mega $100 billion deal, will not in any way affect the operations of the company. The two giant beverages producers -Anheuser-Busch InBev and SABMiller- reached a deal to establish the world’s biggest beer company late […]
SABMiller which owns Zimbabwe’s leading beverage concern, Delta Corporation has agreed to sell itself to Anheuser-Busch InBev for US$104 billion in a deal that will be the biggest takeover of a British company.
HARARE – SABMiller’s Zimbabwean affiliate Delta Corporation said on Tuesday its annual lager beer sales fell 17 percent, the second consecutive year volumes have tumbled as consumer spending wanes in a shrinking economy.
HARARE – Zimbabwe’s largest brewer, Delta on Thursday refuted allegations by workers that the company had diverted pension funds from the demutualisation of Old Mutual a decade ago to a trust.
News that President Robert Mugabe will continue for a seventh term has left investors white in the face — not exactly a useful colour in Zimbabwe right now.