Delta to complete Natbrew Zambia acquisition next year

ZIMBABWE - Delta Corporation Limited says the transaction for the acquisition of National Brewery Zambia (Natbrew) is expected to be completed by March next year as the beverages maker consolidates its position as a multi- beverages firm in the region. Delta said it would acquire a majority stake in Natbrew in order to boost its…

Delta Corp urges Govt to adopt new excise duty regime

ZIMBABWE – Zimbabwe’s largest beverages manufacturer Delta Corporation has proposed that Government adopts a new excise duty regime on alcoholic beverages premised on absolute alcohol content as opposed to the type of alcoholic beverage, ahead of the 2018 National Budget. In its 2018 National Budget Submission to the Ministry of Finance and Economic Development seen…