Zimbabwe: Delta Snaps Up Stake in Natbrew

Delta Corporation says it has completed the acquisition of a controlling stake in Lusaka Stock Exchange-listed beer company, National Breweries PLC (Natbrew). Ronny Palale, a chartered accountant with vast experience in the beverages manufacturing industry, will lead the Zambian outfit, businessdigest can exclusively reveal.

Last year, Delta announced it was set to complete the acquisition of a controlling stake in Natbrew of Zambia from its parent company Anheusur-Busch InBev SA/NV (AB-InBev), subject to regulatory approvals during this year's Q1.

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