Sugar tax sinks Delta’s sparkling beverages volumes

The sugar tax, introduced at the start of last year as part of the government's effort to expand its tax bracket while curbing excessive sugar consumption and promoting healthier choices on consumers, has placed considerable pressure on local manufacturers.

DELTA CORPORATION (Delta)’s sparkling beverages segment recorded a 16 percent slump in sales volumes during the third quarter ended December 31, 2024 as the sugar tax induced price increases weakened its competitiveness against imports from the region.The sugar tax, introduced at the start of last year as part of the government’s effort to expand its…

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