As predicted Eabl has quietly increased beer prices affecting all their brands… And some brands of cigarettes has also gone up… Next I hear is Makari (Wines and spirits) :D:D:D
Prices of beer, bottled water, petroleum products and cigarettes will be going up every year after the Treasury changed the biennial inflation adjustment on excise duty chargeable to an annual increment.
The changes, which are contained in the Finance Bill 2018, will affect goods that are charged specific excise taxes that are levied based on the quantity of goods.
Annual increments of the sin tax on beer and cigarettes have long been a feature of Kenyan budgets but the blanket annual inflation adjustment is expected to hit consumers of the non-luxury goods hard, including households that use kerosene, motorists and buyers of motorcycles.
The excise tax law currently allows the Kenya Revenue Authority (KRA) commissioner-general to adjust the specific rate of duty every two years to take into account inflation.
This is a chance for addicts to adjust their lives positively but fuel prices going up is a disaster for all because some idiots will rise the prices of all consumeables . Tough times ahead.
Honest I need to do it, last evening I was having the same conversation with a guy who told me he quit more than 6 years ago but has no problem visiting neighborhood pubs to while away the evenings with his former drinking buddies.
