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Jamaica: Gk Group Calls Production Reform a Better Option than Sugar Tax

Summary by ChiniMandi
KINGSTON: Local manufacturers are bracing for the recently implemented Special Consumption Tax (SCT), which is levied on non-alcoholic beverages and sugary drinks. Meanwhile, food and financial group GraceKennedy Limited believes that promoting product improvements would be a more effective way to promote healthy consumption habits than relying solely on taxes. GraceKennedy Limited Group CEO Frank James said that while GraceKennedy, which operat…
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KINGSTON: Local manufacturers are bracing for the recently implemented Special Consumption Tax (SCT), which is levied on non-alcoholic beverages and sugary drinks. Meanwhile, food and financial group GraceKennedy Limited believes that promoting product improvements would be a more effective way to promote healthy consumption habits than relying solely on taxes. GraceKennedy Limited Group CEO Frank James said that while GraceKennedy, which operat…

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ChiniMandi broke the news in on Wednesday, March 18, 2026.
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