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Home » Delta pays US$4,5 million in sugar tax
Companies & Markets

Delta pays US$4,5 million in sugar tax

written by Mishma Chakanyuka, Staff Writer 0 comments
“The sector is losing volume to cheaper imports and the emerging offerings with unregulated artificial sweeteners, driven in part by constrained operating conditions that limit local producers’ ability to compete on price,”
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DELTA Corporation (Delta) paid a total of US$4,5 million in sugar tax to the Treasury during the first quarter ended June 30, 2025, piling additional cost pressures on profit margins.Local manufacturers are already battling high input costs, unsustainable electricity charges and administrative costs as well as exchange rate volatility among a plethora of operational challenges.The…

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