Delta announces new beer prices

rate of excise duty of clear beer from 40 percent to 45 percent as a revenue enhancing measure.
Delta corporate affairs director Mr George Mutendadzamera said the recommended new prices had a difference of between US$0,05 and US$0,10.

“The price of the 375ml brown bottle is now US$0,80c from US$0,75c while 340ml green bottles are selling at US$0,90c from US$0,80c.

“The 750ml brown bottles quarts are selling at US$1,55 from US$1,45 while green 660ml bottles are now US$1,75 from US$1,50,” he said.

Prices for the other Delta beer products remain unchanged.
Mr Mutendadzamera said the company was certain it would meet demand during the festive season as it had invested heavily in production capacity.

The beverage manufacturer last month commissioned a new US$17 million bottling line with capacity to produce 70 million litres per annum at its Southerton plant in Harare.

Mr Mutendadzamera, however, said the beverage manufacturer would have preferred the duty to remain at the current rate of 40 percent or even be reduced to regional levels.

“We, however, appreciate the pressures on the Government to raise additional revenue.”
Since dollarisation of the economy in 2009, Delta has invested around US$250 million to boost its capacity.

The investment has also resulted in the company generating business to the tune of US$1,2 billion during the same period. — New Ziana.

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