Delta, Schweppes pay US$21 million in sugar tax…as additional group tax liabilities loom

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DELTA Corporation (Delta) says together with its associate Schweppes Zimbabwe, they paid a total of US$20,7 million in sugar tax for the financial year ended March 31, 2025, severely impacting profit margins.The US$0,001 per gramme sugar tax, which came into effect last year, has become a significant cost burden on local beverages makers who continue…