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[QUOTE="Queen, post: 85547, member: 27"]
Delta says the sugar levy keeps biting, squeezing margins even as sales climb and the government counts health cash.

Sugar tax pressure
[LIST]
[*]Delta Corporation is talking with the Zim government over the levy.
[*]Profits, demand, and supply chains feel the drag.
[*]The tax targets sugary beverages.
[/LIST]
Why the tax exists
[LIST]
[*]It funds fights against diabetes, cancer, and obesity.
[*]The Zimbabwe Treasury collected over US$25 million from early 2024 to mid-2025.
[*]Money bought cancer treatment machines.
[/LIST]
How the levy works
[LIST]
[*]The rate is US$0.001 per gram of added sugar.
[*]It hits ready drinks and concentrates.
[*]Cordials got a lower rate from January 1, 2025.
[/LIST]
Delta’s numbers snapshot
[LIST]
[*]Half-year revenue reached US$514 million.
[*]Growth hit 32 percent year over year.
[*]Schweppes consolidation boosted totals.
[/LIST]
Margins and trade-offs
[LIST]
[*]Sparkling drink prices were softened to keep volumes.
[*]That move soaked part of the sugar charge.
[*]Lower cereal and packaging costs helped.
[*]Tax under-recovery erased those gains.
[/LIST]
[/QUOTE]

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