Advertisements 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).Advertisements This comes as fiscal authorities introduced a US$0,001 per gram sugar tax for beverage makers at the beginning of 2024, which was…
Delta hints at price hikes
In its recently published 2026 consumer report, IH Securities said major consumer stocks such as beverage maker Delta Corporation and diversified agro-industrial group Innscor Africa remain attractive picks, trading below regional peers.