Search results for 'sugar_tax'
Zimbabwe
Mid-Term Budget’s Tax Position: Reforms Fall Short of Expectations, New Levies Introduced
In the latest mid-term budget announcement, Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, has fallen short of meeting the diverse fiscal expectations of b
Jul 26, 2024
Zimbabwe
Sugar Tax Cut, Over 2 Million Unaccounted For: Will Fast Food Tax Suffer Same Fate?
Reduction of Sugar Tax: Has cut the sugar tax from 0.001% to 0.0005% per gram Revenue Allocation Concerns: Despite generating significant revenue from the sugar tax, no cancer treatment equipment has
Dec 02, 2024
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
Innscor Makes History Again: First Zim Firm to Hit US$1 Billion Revenue Twice, Fuelled by Decades of Strategic Mastery
Innscor, Zimbabwe’s largest food processor, has etched its name in history as the first company in the nation to surpass US$1 billion in revenue twice, achieving this feat in 2014 with US$1.04 billion
Sep 26, 2025
Top Stories
Mash Holdings Lifts Operating Profit 20% as Occupancy Rises, Two Major Development Projects Break Ground
Mashonaland Holdings Limited has reported an 8% increase in revenue to US$1.86 million and a 20% increase in operating profit before fair value adjustments to US$879,222 for the quarter ended 31 March
16 hours agoZimbabwe'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
1 day ago
