Danone to acquire majority stake in UK bottled water firm Harrogate Water

UK – Danone, through a UK subsidiary, has agreed to acquire a majority stake in Harrogate Water, a family-owned business with interests in foodservice and on-the-go consumption, for an undisclosed sum. Harrogate Water is one […]

Ethiopian government to review the new excise tax rate on bottled water

ETHIOPIA – The Ministry of Finance of Ethiopia is reviewing the new excise tax rate imposed on bottled water following strong resistance from water bottlers. Through their association, water bottlers strongly opposed the 15pc excise […]

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 […]

Icelandic Glacial secures US$66m in funding to accelerate expansion

USA – California based spring water brand, Icelandic Glacial has raised US$66 million in financing, to accelerate the company’s growth in the USA and other markets. The financing includes US$35 million in funding from BlackRock’s US […]

Ghanaian lobby group proposes a waiver of excise tax on bottled water

GHANA – The Association of Ghana Industries (AGI) is calling for an excise tax waiver on bottled water in the midyear budget review as it would help make companies in the sector more competitive and […]

Ethiopian water bottlers forego neck seals in renewed sustainability drive

ETHIOPIA – Manufacturers of bottled water in Ethiopia have resolved to forego the use of neck seals, a decision aimed at promoting a sustainable environment by reducing plastic waste. The Ethiopian Bottled Water & Soft […]

Bottled water brands undergo strict new standards assessment

ETHIOPIA – Aimed at insuring compliance to the mandatory standards the government has set for the manufacturers of packed mineral water, the Ethiopian Conformity Assessment Enterprise (ECAE) has announced that only six of the 32 bottled mineral water brands in the market have so far under gone laboratory testing and inspection, thereby securing a quality compliance certificate.