Delta Beverages injects US$60 million fresh capital

By Davison Vandira

IN a major seal of approval for the Second Republic’s effective economic policies, blue chip company, Delta Beverages is injecting a massive US$60 million within its operations.

The injection by one of the country’s oldest companies that has been in operation since 1898 with a direct staff complement of 5 000 and thousands of indirect jobs has come at a very opportune time as the country is gearing for sustainable growth.

The investment will see the company’s Lager Beer packaging line, soft drinks PET line, New Chibuku Super Plant and the vehicle Fleet among other capital projects sharing the fresh capital.

According to the company’s Finance Director, Alex Makamure, the motivation behind the re-investment is the confidence boosting the operating environment.

“As a company which has been in existence for a very long time in Zimbabwe. We are confirming our commitment to develop the economy for the betterment of everyone,” he said.

The Minister of Industry and Commerce, Dr Sekai Nzenza who was apprised of the company’s wish list has pledged that government will continue to refine the policy framework for businesses that bring real value to the economy.

She said: “I was apprised of Delta Beverages operations and I am very happy to announce that as government we will continue to improve the operating environment.”

The development confirms that the National Development Strategy One is becoming a reality, as Delta Beverages is an important player in the growth of agricultural value chain through the uptake of Sorghum and support of farmers in addition to its active role as an all-weather friend in the development of sport in the country.

The post Delta Beverages injects US$60 million fresh capital appeared first on ZBC NEWS.

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