Search results for 'beverages'
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures
Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The
Jan 23, 2025
Companies
Rutanhi Beverages Underwrites Tanganda Tea Rights Issue, Raises Control Stakes
Tanganda Tea Company, the leading diversified tea enterprise listed on the Zimbabwe Stock Exchange, has introduced the possibility of a shift in control after securing full underwriting for its US$8 m
Jan 28, 2026
Companies
AFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
Feb 02, 2026
Companies
Delta Corporation Crosses $1Bn Revenue Mark, Becomes Third Company in Zimbabwe's Corporate History
Delta Corporation Limited, Zimbabwe's beverages behemoth has become only the third company in Zimbabwe's corporate history to record annual revenue exceeding $1 billion, reporting revenue of $1.09 bil
May 13, 2026
Zimbabwe
Zimbabwe's Beverages Sector Signals a Manufacturing Inflection Point as Anchor Investors Deploy Capital at Scale
"Listed corporate results are confirming a stronger demand cycle, with many companies reporting double-digit growth in revenue and profitability through 2025 and into Q1 2026. Capacity is becoming a r
May 14, 2026
Zimbabwe
From Hunger to Obesity: Zimbabwe Launches Nutrition Strategy to Tackle New Dietary Challenges
Zimbabwe has approved the Nutrition Financing Strategy on 30 June 2026, presented by Vice President General (Rtd) Constatino Chiwenga as Chairperson of the Cabinet Committee on Food Security and Nutri
Jul 01, 2026
Companies
Afdis’ Q1 Revenue Hits 47% of Last Year’s Full Year on Volume Boom, Grey Market Crackdown
Spirits and Wines maker, African Distillers has grown the first quarter revenue by 47% to USD 27.9 million on volumes 43% ahead of the comparable quarter, taking a single quarter's turnover to 46.7
Jul 23, 2026
Top Stories
RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
1 day agoBuilding Hotels Without Building Hotels: How RTG Is Turning Existing Assets Into Its Next Growth Engine
Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev
2 days ago
