ONE of Zimbabwe’s largest beverage makers, Schweppes Zimbabwe, says the newly introduced tax on sugar content in drinks, will weigh heavily on demand, profitability and industry competitiveness even after the major climb down by authorities, which saw the tax twice reviewed since being first announced. Schweppes Zimbabwe Limited is a manufacturer and distributor of non-carbonated…
Beverage manufacturer Delta Corporation yesterday reported a 7 percent decline in revenue for the year to 31 March on soft consumer demand and increased competition from imports. The company issued a trading update ahead of the May 12 release of its 2016 financials. Delta said lager beer volume was down 12 percent in the final