News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.
    Facebook Twitter Instagram YouTube
    • Politics
    • Business
    • Sports
    • Features
    • Shows
    • Op-Ed
    • Watch Live
    Facebook Twitter Instagram YouTube
    News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.
    Watch Live Tv
    OUR TV SHOWS
    • BREAKFAST CENTRAL
    • VILLAGE SQUARE AFRICA
    • BUSINESS EDGE
    • SECURE THE CONTINENT
    • ONE SLOT
    • POLITICS HQ
    • REPORT DESK AFRICA
    • E CENTRAL
    News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.News Central TV | Latest Breaking News Across Africa, Daily News in Nigeria, South Africa, Ghana, Kenya and Egypt Today.
    You are at:Home»Business News»Rwanda’s Chamber of Deputies approves reduction of local alcohol tax
    Business News

    Rwanda’s Chamber of Deputies approves reduction of local alcohol tax

    Nasir AgbalayaBy Nasir AgbalayaAugust 2, 201901 Min Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Rwanda's Chamber of Deputies approves reduction of local alcohol tax
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Members of the Chamber of Deputies in Rwanda have approved the government’s proposal to reduce consumption tax on alcohol beverages brewed locally.

    The MPs passed a draft law which Finance Minister, Uzziel Ndagijimana, presented to Parliament early this month.

    The draft law reduces the consumption tax rate on beers and wines made using locally produced raw materials.

    Once published in the Official Gazette, the approved law will lower duties levied on beers whose local raw material content, excluding water, is at least 70 per cent by weight of its constituents.

    The excise tax on the beers will be set at 30 per cent, down from the 60 per cent rate.

    The same will apply to wines.

    Ndagijimana argues that if the amendments to the consumption tax law are published, big brewers in the country like SKOL and Bralirwa would be encouraged to use cereal agricultural products already found in Rwanda.

    And this would mean working more with farmers to massively produce them.

    Ndagijimana explained that Rwandans stand to gain from the changes because money being spent on importing the raw materials will be spent in Rwanda.

    East African News News Rwanda
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleRemembering Abdirahman Osman: Reformer and Friend
    Next Article Sudan reach “full agreement” for transition to civilian rule
    Nasir Agbalaya

    Related Posts

    IMF, Bangladesh Reach Agreement on $1.3 Billion Payout

    May 14, 2025

    Saudi Arabia and US Sign Agreements Worth Over $300 Billion, Says Crown Prince

    May 14, 2025

    SMEDAN Targets More Jobs, Revenue for MSMEs

    May 14, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    Latest Stories Today

    Global Acute Hunger Hits Record High with Bleak 2025 Outlook

    By Abdullahi JimohMay 16, 2025

    A UN-backed report has revealed that more than 295 million people endured acute hunger in…

    UN Urges Mali to Scrap ‘Draconian’ Decree Banning Political Parties

    Russia, Ukraine Hold First Talks in Istanbul

    Nigerian Troops Recover 1,000 Stolen Cattle

    • Facebook
    • Twitter
    • Instagram
    • YouTube
    © 2025 Newscentral Television All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.