Kenya Revenue Authority introduces new excise tax on non-alcoholic beverages

KENYA – Kenya Revenue Authority (KRA) will be introducing new excise taxes on the non-alcoholic beverage which is expected to in turn increase the price of bottled water by an average sh.7 per litre. The […]

Nigeria to increase tax base with introduction of excise duties on soft drinks

NIGERIA – The Federal Government of Nigeria is considering placing excise duties on carbonated soft drinks in bid to broaden its revenue base. According to the Minister of Finance, Budget and National Planning, Mrs Zainab […]

Kenya’s Keroche Breweries trapped in US$140m tax fraud allegations

KENYA – Kenya’s second largest brewer, Keroche Breweries is facing inquiry for allegedly evading tax amounting to US$140 million (Ksh14.4 billion) between January 2015 and June 2019. This is according to investigations by the Kenya […]

Rwanda to introduce tax breaks for alcohol brewed from locally-sourced materials

RWANDA – The government of Rwanda is considering to reduce consumption tax on alcoholic drinks brewed from locally sourced raw materials. In a draft law presented to the Parliament by the Minister for Finance and […]

Nigerian government to increase excise duty on alcohol, tobacco

NIGERIA – the Nigerian government has unveiled its Strategic Revenue Growth Initiative (SRGI) which will see an increase in excise duty rates from the current 5% on alcohol, carbonated soft drinks, tobacco and other goods. […]

Alcohol beverages stakeholders reject government’s proposed excise duty rate increase

NIGERIA – Stakeholders in the alcohol beverage industry declared their opposition to the recent 500% increase in excise duty rates on alcohol by the Federal Government, according to Beverage News. The stakeholders, which includes the […]