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@kfm Thu, 07 Dec 2023 15:13:00

Manufacturers raise red flag over Alcohol Control Bill

The Uganda Alcohol Industry Association has raised a red flag over the proposed Alcohol Control Bill, arguing that it would cripple the economy if passed into law. During a meeting with State Minister for Trade David Bahati and State Minister for Investment Evelyne Anite, the Association’s Secretary General Ms. Jackie Tahakanizibwa urged Parliament to prioritize addressing the 65% of unregulated alcohol brewers in the sector before considering the bill. The Association also expressed concerns that the bill could lead to significant tax losses, estimating a potential reduction of one trillion US dollars based on the industry’s status as a top taxpayer. In response, State Minister Anite acknowledged the industry’s contribution to tax revenue but emphasized the government’s responsibility to protect […]

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