Search results for 'Sugar Tax'
Zimbabwe
AB InBev Demonstrates Strong Growth in South Africa

AB InBev, the leading global brewer, has experienced significant expansion in its operations in South Africa and Africa. This growth can be attributed to the company's strategic focus on capturing mar

Mar 05, 2024
Companies
Sugar Tax, Drought Weighs Heavily on Delta's Performance

Delta Corporation, a leading beverages manufacturer with over 80% market share, has seen its performance heavily affected by the sugar tax introduced by Finance and Economic Development Minister Mthul

Jul 29, 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

Top Stories

Halving Air Pollution Exposure by 2040: Critical Analysis of World Bank’s Vision

The World Bank’s recent report, Accelerating Access to Clean Air on a Liveable Planet, released on March 27, 2025, presents an ambitious yet attainable goal: halving the number of people exposed to d

14 hours ago

Padenga’s Golden Leap: Runner-Up Gold Producer Cashes in +US$200 Million As Gold Output Jumps 17%

Padenga Holdings Limited, a gold mining titan listed on the US-Dollar denominated bourse Victoria Falls Stock Exchange (VFEX) has cemented its place as a giant in Zimbabwe’s gold mining sector, deliv

19 hours ago

RBZ Holds Firm at 35% Rate Amid Weak Demand, Looming ZiG Inflation Spike

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

20 hours ago

Tigere Property Fund to Acquire Greenfields Retail Centre in Q3 2025

Tigere Property Fund, Zimbabwe’s pioneering Real Estate Investment Trust (REIT), is set to acquire the Greenfields Retail Centre in the third quarter of 2025 (Q3 2025). This comes after the company,

Mar 28, 2025

Mash Holdings Maintains Profitability Despite 9% Drop in Profit After Tax

Mashonaland Holdings Limited, a leading property investment and development firm listed on the Zimbabwe Stock Exchange (ZSE), sustained profitability in FY2024, posting a profit after tax of US$3.7 mi

Mar 28, 2025

ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends

Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on

Mar 28, 2025

Caledonia Maintains US$0.14c Quarterly Dividend for Q1 2025

Caledonia Mining Corporation  has maintained its 14 United States cents (US$0.14) dividend on each of the company’s shares for the first quarter (Q1) of 2025. This follows the company’s commitment to

Mar 27, 2025

Mad Money Muse Zimbabwe’s Economic Soap Opera, Episode 3 – Cash, Brides, and Army Bridesmaids

Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol

Mar 26, 2025