EABL to raise beer price if tax passed



Business Daily | by Brian Ngugi


East African Breweries Limited (EABL) says it will increase the prices of its alcoholic products including beers and spirits if the Treasury implements a proposal to raise excise taxes on the products.

EABL managing director Jane Karuku says a tax increase will be a shock to the business, given that the sector is still reeling from the economic aftershocks of the Covid 19 pandemic…

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