Zimbabweans can't afford to drown their sorrows in a pint anymore

2019-07-26 05:45

Zimbabweans can no longer afford to drown their sorrows in beer as the product is now priced beyond their reach, according to the country’s biggest alcohol brewer Delta.

Forex challenges the underlying reason for Zim's beer supply woes

2018-05-10 19:05

The CEO of Zimbabwe's Delta Corporation says although the company is managing to meet some of its demand, the foreign currency situation has become dire resulting in intermittent product shortages.

AB InBev to wait a bit longer for Zim dividend

2017-05-11 17:54

Zimbabwean delays in making foreign payments means Anheuser-Busch InBev will have to wait a bit longer before enjoying dividends from its Zimbabwean associate Delta Corporation.

Delta greets AB Inbev with increased dividend payout

2016-11-10 10:49

Anheuser-Busch is set to get an improved dividend pay cheque after its Zimbabwean associate Delta Corporation improved its half-year dividend payout ratio to 80%.

Cash crunch dents revenue at SABMiller's Zim unit

2016-07-13 14:39

Limited access to cash and a weak economy saw SABMiller's Zimbabwean associate Delta Corporation report an 11% decline in revenue for the quarter ended June 30 2016.

SABMiller's Delta sees depressed volumes

2015-04-15 07:45

Analysts say SABMiller's Zimbabwean unit Delta's depressed update is no surprise as Zimbabwean consumers are hard-pressed for cash.

Zim favours traditional beer as economy sinks

2014-11-13 12:00

Zimbabweans have turned to traditional beer consumption as the country’s economy continues to head south, results from SABMiller's ZImbabwe unit Delta show.

SABMiller's Zim unit suffers depressed results

2014-01-17 11:55

Delta, the Zimbabwe-based unit of SABMiller, reported a 3% revenue drop in its third quarter, with volumes affected by a significant slowdown in consumer spend.


Brewer Delta hikes prices after Zim govt rejects move to charge in US dollars

2019-01-07 13:55

Zimbabwe’s brewery giant, the Delta Corporation, has resorted to price hikes after its attempt to charge for its products solely in US dollars was rejected by the Zimbabwean authorities.

Zim unit owes AB InBev more than $40m amid foreign currency crisis

2017-07-31 15:01

Anheuser-Busch InBev is owed more than $40m in dividend payments from its Zimbabwean associate Delta Corporation, as the foreign currency crisis in that country worsens.

Zim brewer Delta declares second interim dividend

2017-03-03 11:01

Zimbabwean brewery Delta Corporation, an associate of Anheuser-Busch InBev, has declared a second interim dividend as efforts to deploy cash into the business remain challenging.

Zim firms face no water for more than five days

2016-10-17 20:08

The water rationing schedule issued by the City of Harare will see some areas going without water for over five days - among them SABMiller's Zimbabwean unit Delta.

SABMiller Zim partner's revenues drop as consumers sober up

2015-11-13 19:00

Zimbabwe's Delta Corporation, which is 38% owned by SABMiller, has reported a revenue drop in its half-year results as consumers literally sober up in the pocket.

Qatar boss accuses Delta of flying 'crap' planes

2015-03-16 17:08

The chief of Qatar Airways has denied that his company receives subsidies and accused rivals Delta Air Lines of flying "crap" older planes.

Zim SABMiller unit can't hit 50% stake target

2014-09-05 12:45

Local shareholders are struggling to pay for the remaining 18% shareholding in SABMiller's Zimbabwean unit Delta Corporation to comply with empowerment laws.

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