Nigeria approves alcohol, tobacco taxes, to start June 2018

NIGERIA - The Federal government has signed-off on the implementation of a new tariff regime on alcoholic beverages and tobacco products as it seeks to raise government’s fiscal revenues. President Muhammadu Buhari has approved an amendment to the excise tariff rates for alcoholic beverages and tobacco products, which are slated to go into effect on…

Revenue growth muted in SA for brewing and beverage group Distell

SOUTH AFRICA - Multinational brewing and beverage group Distell on Friday said during the first three months of the new financial year ending June 2018, it recorded “muted revenue growth”, compared to the corresponding period in the previous year. The company said their South African operations recorded overall revenue growth in an environment of “near…

About Food Business Africa Magazine

Food Business Africa magazine is the source of information for the professionals and businesses in the food, beverage, milling, baking and animal feed manufacturing sector in the sub-Saharan Africa region. The magazine incorporates Dairy Business Africa and African Grains, Milling & Feed magazine inserts that are part of the magazine The magazine reflects the publisher's…