Rampant illicit alcohol trade dents economic gains in Uganda registering US$433m loss in taxes

UGANDA – The Illicit alcohol trade has been rampant across the globe at the expense of the legitimate alcohol manufacturers who contribute not only to the exchequer but also create thousands of job opportunities. Other than looking at the economic implications of the illicit trade, consumers’ health is at a risk as the illicit market continues to predominantly supply beverages that often lack proper certification from standards agencies. According to a recently launched report by the Uganda Alcohol Industry Association, between 2017-2021, the value market size of illicit alcoholic drinks…

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Fertilizer producers OCP, ICL sign agreement to promote sustainability research in Morocco

MOROCCO – Moroccan fertilizer group OCP and ICL Specialty Fertilizer have signed a memorandum of understanding (MoU) to promote sustainable development and the fight against climate change. Under the agreement, the parties will offer funding to support sustainability programs and research at Morocco’s Mohammed VI Polytechnic University (UM6P) and Israel’s Ben Gurion University of the Negev (BGU). The research, according to reports by Morocco Word, will be centred around food security, ecological restoration, smart agriculture, water, climate change, remote sensing, renewable energies, venture capital, among others. The partnership also seeks…

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Kenya’s Premier Foods launches functional beverage under brand name Recharge Dawa

KENYA – Premier Foods Limited, Kenyan producer of a wide range of condiments and juices has introduced a new beverage dubbed Recharge Dawa. The new drink is inspired by homemade ‘dawa’, a herbal beverage made up of honey, lemon and ginger as its key ingredients, that people concoct to treat common flu and boost immunity. With the launch of the new product, Premier Foods joins the likes of FMCG manufacturer, Tropikal Brands Afrika Limited, who introduced a new functional beverage drink in the market mid this year. Tropikal’s Super-C is…

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