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 […]

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 […]

Nigerian manufacturers call on government to halt 50% increase in VAT

NIGERIA – The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to halt the proposed increase on Value Added Tax (VAT) by 50 per cent. According to the president of the association, […]

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 […]

Kenyan manufacturers fault 15% duty hike on alcoholic drinks

KENYA – Manufacturers and distributors of alcoholic beverages have opposed the 15 percent increase in excise duty on wines and spirits in this year’s budget saying it is detrimental to the industry’s growth. The Alcoholic […]

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

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 imposes new tariffs on Tanzanian flour as trade war escalates

KENYA – Kenya has announced 25% import duty on Tanzania’s products like flour, saying it is produced from imported wheat which contravenes the East African Community (EAC) rules and regulations on such products, reports Business […]

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 […]