Delta is seeking to be well positioned to meet the huge anticipated demand of beer and soft drinks when the economy fully recovers.
Joe Mutizwa, the companys chief executive officer, said the company would spend close to US$60 million in the year to March 2011 for capital expenditure.
South African company SABMillers which has a 36,8 per cent shareholding in Delta is also expected to provide some cash injection.
The Zimbabwe unit will spend US$112 million in the next two years to ramp up output, the chief executive said, as it bets the recovery from economic crisis will boost demand for beer and soft drinks.
Post published in: Economy