Delta Corporation reports subdued performance as lager sales slip 57%

ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage manufacturer, reported a decline in its performance for the first quarter ended 30 June 2019 on the back of declining sales. The company saw its lager beer volumes […]

Delta Corporation increases shareholding in African Distillers to 50.1%

ZIMBABWE – Delta Corporation Limited, a leading beverages producer in Zimbabwe, has increased its shareholding in wine and spirits firm, Africa Distillers Limited (Afdis) to 50.1% as the majority shareholder. Before the additional share accumulation, […]

Zimbabwe’s Delta Corp reports increase in revenue amid challenging beverage sector

ZIMBABWE – Delta Corporation Limited has reported a 26% increase in revenue in the full year ended March 31st, 2019 despite a challenging operating environment mainly due to pressure exerted by forex quandary in the […]

Zimbabwe beer prices surge as beverage manufacturer Delta turns to forex sales

ZIMBABWE – Retail beer prices in Zimbabwe have continued to escalate, growing by more than 100%, as beer manufacturer fault forex shortages and a challenging business environment characterised by diminishing consumer spending. The economic pressure […]

Delta Corp’s income down 10% on tough economy

ZIMBABWE – Zimbabwean soft drink and alcoholic beverage consumers manufacturers have become choosy as they seek value propositions to survive the country’s current economic difficulties but this has impacted on brewer, Delta Corporation, whose revenues for the year to March have declined 10% to $483 million.