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Beer Prices Go Up in Zambia

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Zambia BreweriesZambian Breweries has announced an increase in the prices of retail prices for clear beer from 3.6% to 19%.

The company has attributed the increase in the prices due to a rise in inflation and excise duty.

In the 2014 national budget Finance Minister Alexander Chikwanda announced an increase in excise duty from 40% to 60%.

The increment is on non returnable bottles and Sorghum brewed Eagle Lager.

Zambians have continued to endure rise in general prices of commodities with fuel prices expected to shoot up.

The post Beer Prices Go Up in Zambia appeared first on Zambia Reports.


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