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
Companies
Dairibord’s Profit Soars to US$3.7M as Milk Intake Jumps 49%

Dairibord Holdings Limited, a leading milk processor listed on the Zimbabwe Stock Exchange (ZSE)’s profit after tax has  more than doubled to US$3.7 million from US$1 million in the previous year. Th

Apr 01, 2025

Top Stories

Zim, Japan Eye Renewed Economic Ties

Japanese Ambassador to Zimbabwe, Shinichi Yamanaka, has highlighted the potential for renewed economic ties between the two nations, while acknowledging the challenges that have seen bilateral trade

8 hours ago

SA Inflation Rate Falls Below Target Range for the First Time Since 2020

South Africa’s inflation rate plummeted to 2.7% in March 2025, down from 3.2% in February and below analysts’ expectations of 2.9%, marking the lowest level since June 2020 and falling below the Sout

12 hours ago

Gold Prices Retreat to $3,310 as Trump Signals Tariff Truce with China

Gold prices retreated to $3,310 per ounce on Wednesday 23rd of April, falling from a record high of $3,500 in the previous session, as optimism over easing U.S.-China trade tensions, a strengthening

1 day ago

Padenga Invests US$30 M to Boost Gold Production For 2025

Padenga Holdings Limited,  Zimbabwe’s second largest gold producer  has allocated a US$30 million investment plan for 2025 to ramp up gold production and streamline operations according to the latest

Apr 22, 2025

RBZ Repeal Penalties on Pricing Above Official Rate Under SI 34 of 2025: Analysing ZiG and Exchange Rate Policy Shift

Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p

Apr 17, 2025

Zim's Mineral Exports Soar, Earnings Plummet 27% in Q1 2025

Zimbabwe’s mining sector has achieved a 16% increase in mineral export volumes in the first quarter of 2025 reaching 1 million metric tonnes compared to 883,301 tonnes in Q1 2024, according to the Min

Apr 16, 2025

Zimre Holdings to List Emeritus International on Botswana Stock Exchange After a Mega Profit Jump in 2024

Zimre Holdings Limited (ZHL) plans to list its reinsurance subsidiary, Emeritus International, on the Botswana Stock Exchange (BSE) in 2025, marking a pivotal step in its pan-African growth strategy.

Apr 16, 2025

Zambia's Solar Bet: Is Off-Grid Viable in SADC?

Zambia’s electrification journey has pivoted sharply toward off-grid solar solutions, driven by necessity and strategic foresight, as droughts have exposed the fragility of its 80% hydropower reliance

Apr 16, 2025