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
Zimbabwe
Zimbabwe Sugar Sector Eyes Major Investment Despite Policy and Cost Pressures
Zimbabwe's sugar industry produced 443,501 tonnes in the financial year ended 31 March 2026, a 1% increase from the prior year, while total sales reached 471,837 tonnes, a 24% increase from 380,531 to
Jul 07, 2026
Top Stories
Justin Bgoni’s ASEA Vice Presidency Puts Zimbabwe’s Three Market Strategy on Continental Stage
SE Holdings Group Chief Executive Officer Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association effective 2 October 2026, placing the head of Zimbabwe’s three
19 hours ago
