budget |

United Kingdom hikes wine duty but freezes duty on beer, spirits and cider

October 31, 2018October 31, 2018 Food Business Africa

UK – United Kingdom Chancellor Phillip Hammond has announced that duty tax on wine will increase while that on beer, spirits and cider would remain the same in line with the rate of inflation, effective […]

Kenya Budget 2018: Govt prioritizes agricultural and manufacturing agenda but consumers may have to pay more

June 23, 2018June 25, 2018 Food Business Africa

KENYA – With a long term goal of ‘creating jobs, transforming lives and sharing prosperity’, the 2018 budget centred at the government’s Big 4 Agenda of growing the contribution of manufacturing GDP from 9% to […]

India doubles budget allocation for food processing sector

February 2, 2018 Food Business Africa

INDIA – To ensure better returns to farmers, the government today doubled budget allocation to the food processing ministry to Rs 1,400 crore (US$218.4 million) for 2018-19 fiscal and set up institutions to finance agro-processing […]