Delta facing foreign payments challenges
Delta Corporation, which vies with Econet Wireless Zimbabwe Ltd. as Zimbabwe’s biggest company by market capitalization, is facing “challenges” paying…
Delta
Zim firms face no water for more than five days
THE bad news just doesn’t stop for businesses operating in Zimbabwe. Already reeling from a myriad of economic challenges that include a slump in…
Zim approves SABMiller, AB InBev merger with conditions
ZIMBABWE has given the green-light to SABMiller’s merger deal with AB InBev, but has set conditions such as maintaining farmers’ contracts and maintenance…
Delta full year earnings down 15% as beer sales decline
DELTA Corporation, Zimbabwe’s biggest company, said full-year profit declined 13% after unemployment and delays paying government worker salaries hurt beer…
Delta Q3 revenue down…festive season volumes lower on weakening economy
BEVERAGE manufacture Delta Corporation registered a 5% decline in revenue for the quarter ending December 2015 compared to the preceding quarter on weakening…
ZSE opens week in negative territory
THE Zimbabwe Stock Exchange industrial index eased 1,48% to close trades on 118,79 points weighed down by losses in heavyweights Delta, Innscor and OK Zimbabwe.
Delta half-year earnings down 20%
ZIMBABWE Stock Exchange (ZSE) heavyweight Delta Corporation has posted a 20,6% decline in after tax profit to US$35,7 million owing to weakening sales on the…
ZSE heavyweights’ losses weigh down equity market
THE Zimbabwe Stock Exchange industrial index yesterday closed trades 0,58% down to 130,91 points weighed down by losses in Delta and Innscor, the bourse’s…
Delta majority shareholder rejects Anheuser-Busch InBev takeover bid
London – SABMiller, the parent company of Zimbabwe’s largest listed company, Delta Corporation, has rejected an informal takeover offer from Anheuser-Busch…
Economic woes hit Delta
ZIMBABWE’S largest beverage manufacturer, Delta Corporation (Delta) has reported a 5,6% slump in earnings to US$45 million for the half-year to September 30.
