Delta quells share price concerns

DELTA Corporation’s non-alcoholic beverages business supported over 27 000 jobs in the country, con­tributing US$473 million in eco­nomic activity across the local value chain, the company’s chief executive Matlhogonolo Valela has said.

DELTA Corporation (Delta) says it will remain listed on the Zimbabwe Stock Exchange (ZSE) despite concerns over its share price valuation. The beverage maker stressed that only investors will determine the ‘right’ price. This comes as market analysts insist the company’s share price is trading below historical averages and not consistent with its stellar operational…

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