Accra Brewery warns higher beer taxes could hurt jobs, investment

Accra Brewery Limited (ABL) has urged the government to delay the implementation of newly approved increases in excise duty on locally manufactured beer, warning that the measures could affect jobs, investment and businesses across the brewing value chain.

Mr Hlongwa therefore called for further dialogue, broader stakeholder engagement and a postponement of the implementation of the new rates to allow Government and industry to assess their economic implications and agree on measures that protect investment, employment, local manufacturing and consumer welfare.

ABL is particularly concerned about the proposed increase on beer products made with significant quantities of locally sourced raw materials, arguing that the rise from 10% to 25% could affect farmers and businesses within the domestic agricultural value chain.