Accra Brewery may shut down operations over revised excise duty
1 Articles
1 Articles
Accra Brewery may shut down operations over revised excise duty
Accra Brewery Limited is considering shutting down its operations over the implementation of the revised Excise Bill, Joy Business has reported. The move is expected to depend on President John Mahama’s decision on the bill, which was passed by Parliament earlier this month. The revised legislation seeks to impose an excise duty of between 7% and 15% on beer produced by local manufacturers, including Accra Brewery. Joy Business understands that …
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