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August 13, 2026
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Accra Brewery calls for delay in new beer excise duty
Money
Policy
Growth
Key Points
- Accra Brewery Limited (ABL) has appealed to the Ghanaian government to delay the implementation of new excise duty rates on locally produced beer.
- The proposed changes would increase excise duty on local beer from 32.5% to 40%, and for beer with high local raw material content (like cassava-based) from 10% to 25%.
- ABL warns these increases will lead to higher production costs, consumer prices, reduced demand, and negative impacts on investment and employment across the brewing value chain.
- The company specifically highlighted concerns about the effect on local farmers due to the increase on cassava-based beer.
- ABL is not against taxation but seeks further dialogue with the government to find a balance between revenue mobilization and protecting jobs, investment, and local manufacturing.
Why This Matters
This issue is significant for Ghana as it reflects a critical tension between government's need for revenue mobilization and the sustainability of local industries. High excise duties could stifle local manufacturing, reduce demand for local agricultural produce (like cassava), and potentially lead to job losses, impacting Ghana's economic stability and growth objectives.
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