Articles tagged 'beer'

Beer prices up 5 January 2019 HARARE - Beer drinkers may now need to think twice before downing the so-called wise waters. This follows the steep increase in the price of clear beer – by more than 100 percent – hours after Delta Corporation Limited was forced to reverse its decision to sell its products in hard currency. ...
Lager beer volumes increase by 51 percent 18 April 2018 HARARE - SABMiller's Zimbabwe affiliate reported a 51 percent increase in annual volume of lager beer. Delta Corporation, which is 38 percent owned by global brewing giant SABMiller said in a trading statement its lager business had done well but taken a knock from problems in acquiring import...
Festive cheer eludes Delta as volumes dip 19 January 2016 HARARE - Zimbabwe's largest beverages maker, Delta Corporation (Delta), says it recorded subdued volume and revenue performance for the quarter to December 31, 2015, on the back of depressed aggregate demand. Delta — 38 percent-owned by global brewer SABMiller and with over $1 billion market c...
Beer prices slashed 29 December 2014 HARARE - The retail price of beer has further gone down marginally by an average five cents across the whole portfolio effective today, Delta Corporation (Delta) has said. In mid-September this year the beverages maker slashed beer prices from between five cents and 20 cents across the whole p...
Cheers! Beer prices are slashed 30 November 2014 HARARE - Finance minister Patrick Chinamasa has slashed exercise duty on clear beer from 45 percent to 40 percent with effect from next year, a move that is likely to further reduce the price of lager beer. This comes as the country’s largest beverages maker Delta Corporation last month slashe...
Depressed economy hits Delta 14 November 2014 HARARE - Listed brewer Delta Corporation (Delta)’s attributable income slumped seven percent to $44,1 million in the half year to September 2014, as depressed economic activity hit lager beer demand. During the period under review, the group’s lager beer volumes went down by 25 percent to 695 ...
Depressed economy hits Delta lager volumes 14 October 2014 HARARE - Listed brewer Delta Corporation (Delta)’s lager volumes declined by 25 percent in the half year to September 2014 due to depressed consumer spending coupled with increased excise duty. The group — about 40 percent owned by London-based SABMiller — said Zimbabwe’s general economic perf...
Beer prices reduced 18 September 2014 HARARE - The retail price of beer has marginally gone down from between 5 cents and 20 cents across the whole portfolio since Monday, Delta Corporation (Delta) has said. According to the latest statement from the listed beer manufacturer, a 375ml pint of lager is now sold at a recommended reta...
Delta negotiates duty reduction 17 November 2013 HARARE - SABMiller's Zimbabwe unit Delta Corporation (Delta) says it is negotiating with government over a possible reduction of excise duty which has taken a toll on the group's lager beer volumes. This comes as authorities increased excise duty on lager beer from 40 percent to 45 percent of ...
Delta defends beer price hike 17 November 2013 HARARE - Delta Corporation has defended its recent beer price increase arguing it needed to realise real value from its products and improve margins. Last month, the brewer hiked the wholesale price of 375ml brown bottle beer to $0, 90 from $0,80 while 340ml green bottles went up by $0,20 to $...
Delta lager volumes down 17 October 2013 HARARE - Listed beverages maker Delta Corporation (Delta) says its lager beer volumes remain depressed, slumping 12 percent in the quarter to September 2013. The brewer — about 40 percent owned by South Africa-based SABMiller — said consumer demand has continued to be subdued, “a trend that ha...
People speak on beer price hike 9 October 2013 HARARE - “It's an outrage.” That was the feeling of many beer drinking Zimbabweans after a 30 percent price increases that became effective yesterday. The price of a 375ml brown bottle went up to $0,90c from $0,80c, while 340ml green bottles are now retailing at $1 from $0,80c. Brown bottle...
Teenager kills man over beer 31 January 2013 HARARE - A Harare teenager is facing murder charges after beating a 26-year-old man to death with a log after he was denied a sip of beer. Tichaona Chikukwa is in police custody. Police say the 17-year-old was miffed by Tapuwa Vhanesi s comments that the teenager should learn to buy his own beer....
Beer, cigarette prices to shoot up 16 November 2012 HARARE - Tobacco and alcohol consumers must brace for a price hike as government moves to fund student grants through taxes on beer and cigarettes, the Finance minister said yesterday. Tendai Biti said a new pricing policy is going to be used to reduce the damage caused by tobacco and alcohol. He...