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 […]

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, […]

Nigerian government to increase excise duty on alcohol, tobacco

NIGERIA – the Nigerian government has unveiled its Strategic Revenue Growth Initiative (SRGI) which will see an increase in excise duty rates from the current 5% on alcohol, carbonated soft drinks, tobacco and other goods. […]