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Home » Delta banks on AB InBev

Delta banks on AB InBev

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DELTA Corporation, Zimbabwe’s biggest company by market value, is bracing for cash-strapped consumers to spend less on its beverages in the months ahead.

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The manufacturer of Zambezi Lager beer and Coca-Cola Co. sodas is already grappling with foreign-exchange shortages that are crimping its ability to procure raw materials and service debt. Demand for its products is also being constrained by an inflation rate at 75,9 percent — the highest in a decade.

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