{"id":1518,"date":"2019-01-11T16:16:07","date_gmt":"2019-01-11T16:16:07","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=1518"},"modified":"2019-01-11T16:16:07","modified_gmt":"2019-01-11T16:16:07","slug":"deltas-ab-inbev-places-120m-unremitted-dividends-fees-into-rbz-saving","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/deltas-ab-inbev-places-120m-unremitted-dividends-fees-into-rbz-saving","title":{"rendered":"Delta\u2019s AB InBev places $120m unremitted dividends, fees into RBZ saving"},"content":{"rendered":"<p>The world\u2019s largest brewer Anheuser-Busch InBev (AB InBev) has agreed to place the over $120 million owed to it in unremitted dividends and fees by Delta Corporation into the Reserve Bank of Zimbabwe savings bonds to reduce pressure on the demand of foreign currency.<span id=\"more-3096224744011090\"><\/span><\/p>\n<p>In a statement, AB InBev said it remained a committed 40% shareholder in the Delta business.<\/p>\n<p>\u201cAB InBev has supported Delta through credit lines for the importation of raw materials since access to foreign currency became limited and continues to provide this support,\u201d Delta said in a statement yesterday.<\/p>\n<div id=\"newsd-1028026922\" class=\"newsd-2nd-advert-incontent\">\n<p>\u201cAB InBev remains the anchor shareholder in Delta.\u201d<\/p>\n<p>Delta also refuted speculation on social media of asset stripping in favour of AB InBev.<\/p>\n<p>\u201cDelta, therefore, notes with concern the irresponsible conclusions reached in the social media claims, of asset stripping in favour of AB InBev. Rather, the Delta board is excited about the opportunities for growth as market leader in the traditional beer sector in the region,\u201d the beverages manufacturer said.<\/p>\n<p>\u201cIt is in the public domain that in certain African markets, AB InBev is divesting from the traditional beer sector, a market segment in which Delta has proven competencies. The Delta board has resolved to bid for any such assets as they become available. To date, AB InBev has divested from Zambia and Malawi.\u201d<\/p>\n<div class=\"relpost-thumb-wrapper\">\n<div class=\"\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s largest brewer Anheuser-Busch InBev (AB InBev) has agreed to place the over $120 million owed to it in unremitted dividends and fees by Delta Corporation into the Reserve Bank of Zimbabwe savings bonds to reduce pressure on the demand of foreign currency. In a statement, AB InBev said it remained a committed 40% [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":1525,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[83,289],"class_list":{"0":"post-1518","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-economy","10":"tag-fees"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Delta\u2019s AB InBev places $120m unremitted dividends, fees into RBZ saving - zimbabwe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/deltas-ab-inbev-places-120m-unremitted-dividends-fees-into-rbz-saving\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delta\u2019s AB InBev places $120m unremitted dividends, fees into RBZ saving\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s largest brewer Anheuser-Busch InBev (AB InBev) has agreed to place the over $120 million owed to it in unremitted dividends and fees by Delta Corporation into the Reserve Bank of Zimbabwe savings bonds to reduce pressure on the demand of foreign currency. 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