Beer Prices Spike as Treasury Directive Takes Effect

By Carlos Onyango / July 9, 2019




Last month’s directive by the treasury cabinet secretary Henry Rotich, on increasing the prices of beer, has now taken effect and alcohol users are going to pay more for them to guzzle.

East African Breweries Limited (EABL) is among the liquor retailers who have increased their prices in order to get in line with the annual inflation adjustment to be charged on excise commodities.

Local beers have increased by ten shillings with a 500 ml drink going at; Tusker Lager 160, Tusker Cider 170, Guinness Stout 180, White Cap Lager 170, and Balozi Lager 150. (the price unit is in shillings).

The prices of wines and spirits have also increased gradually where Smirnoff vodka, Triple Ace and Gilbey’s Gin have shared the price of 250ml and 350ml which have increased by 20 shillings and those of 750 ml has increased by 50 shillings.

Bond 7 whiskey will go at 410 shillings for 250ml,580 shillings for 350 ml and 1200 shillings for 750 ml. Captain Morgan Rum will go at 310 shillings and 810 shillings for 250 ml and 750 ml respectively.

The treasury CS had pointed out during his budget speech last month, that the prices of wines and spirits should be increased even further.

“Excise duties on alcohol and tobacco will be increased as follows: a 750ml bottle of wine will have an excise duty of Sh136, which is Sh18 more from the current rate; the duty of a bottle of whiskey will go up by Sh24 to Sh182 for a 750ml bottle. The excise duty on a packet of 20 cigarettes will increase by Sh8 to Sh61 per packet, “the CS said.

Mr. Rotich had proposed on hiking up the prices of commodities such as Cigarette, wines, and spirits, arguing that the inflation adjustment was not adequate to cover for the declining excise revenue.

Most manufacturers and distillers are yet to declare their prices.





More Articles From This Author








Other Related Articles










SOKO DIRECTORY & FINANCIAL GUIDE

ARCHIVES

2019
  • January 2019 (256)
  • February 2019 (216)
  • March 2019 (285)
  • April 2019 (254)
  • May 2019 (272)
  • June 2019 (252)
  • July 2019 (340)
  • August 2019 (226)
  • 2018
  • January 2018 (291)
  • February 2018 (219)
  • March 2018 (278)
  • April 2018 (225)
  • May 2018 (238)
  • June 2018 (178)
  • July 2018 (257)
  • August 2018 (249)
  • September 2018 (256)
  • October 2018 (287)
  • November 2018 (284)
  • December 2018 (187)
  • 2017
  • January 2017 (183)
  • February 2017 (195)
  • March 2017 (207)
  • April 2017 (104)
  • May 2017 (169)
  • June 2017 (205)
  • July 2017 (190)
  • August 2017 (195)
  • September 2017 (186)
  • October 2017 (235)
  • November 2017 (253)
  • December 2017 (266)
  • 2016
  • January 2016 (165)
  • February 2016 (165)
  • March 2016 (190)
  • April 2016 (143)
  • May 2016 (246)
  • June 2016 (183)
  • July 2016 (271)
  • August 2016 (249)
  • September 2016 (234)
  • October 2016 (191)
  • November 2016 (243)
  • December 2016 (153)
  • 2015
  • January 2015 (1)
  • February 2015 (4)
  • March 2015 (166)
  • April 2015 (109)
  • May 2015 (117)
  • June 2015 (121)
  • July 2015 (150)
  • August 2015 (157)
  • September 2015 (189)
  • October 2015 (170)
  • November 2015 (174)
  • December 2015 (208)
  • 2014
  • March 2014 (2)
  • 2013
  • March 2013 (10)
  • June 2013 (1)
  • 2012
  • March 2012 (7)
  • April 2012 (15)
  • May 2012 (1)
  • July 2012 (1)
  • August 2012 (4)
  • October 2012 (2)
  • November 2012 (2)
  • December 2012 (1)
  • 2011
    2010
    2009
    2008
    2007
    2006
    2005
    2004
    2003
    2002
    2001
    2000
    1999
    1998
    1997
    1996
    1995
    1994
    1993
    1992
    1991
    1990
    1989
    1988
    1987
    1986
    1985
    1984
    1983
    1982
    1981
    1980
    1979
    1978
    1977
    1976
    1975
    1974
    1973
    1972
    1971
    1970
    1969
    1968
    1967
    1966
    1965
    1964
    1963
    1962
    1961
    1960
    1959
    1958
    1957
    1956
    1955
    1954
    1953
    1952
    1951
    1950