Delta hints at price hikes

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) is considering upward price adjustments for its sparkling beverages in an effort to preserve waning margins caused by a special surcharge on sugar and increased value added tax (VAT). This comes as fiscal authorities introduced a US$0,001 per gram sugar tax for beverage makers at the beginning of 2024, which was followed…

Subscribe to read full article. Subscribe today

Related posts

RioZim shareholders approve Renco Mine sale

Zimplow steps up diversification drive

Innscor invests US$16,5m in contract farming

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More