The business contributed total beverage volumes in the six months to 30 September 2010 of 1,0 million hectolitres, including lager volumes of 0.3 million hectolitres.
Delta is the largest brewer and soft drinks bottler in Zimbabwe, with additional interests in the production of malted barley, the manufacture of PET plastic products, food processing and the production and distribution of wines and spirits.
Delta, in which SABMiller Africa now holds a 36 per cent interest, had previously been a significant contributor to SABMiller’s Africa operations. However, in 2005 the business stopped paying dividends and remitting capital due to foreign currency shortages and in 2006 SABMiller ceased to include the results of Delta in its reporting.
Mark Bowman, Managing Director of SABMiller Africa, commented: “All credit goes to the Delta management team, whose efforts in keeping the business running in the last few years have been little short of heroic. Despite extreme hardship and untold obstacles, they have continued to supply Zimbabwean consumers with quality products and to secure the livelihoods of many thousands of people, either directly employed by the business or dependent on it for a living.”
Joe Mutizwa, Chief Executive of Delta, commented: “Managing the company over the last eight years has been the business equivalent of white water rafting. The challenges have been large, varied and relentless. The demands have been many; – requiring perpetual vigilance and constant adaptation.
Post published in: Agriculture