In this episode recorded on 08.02.2024, we are joined by Toddy Thairu - Director and Lead Consultant, Astute Consulting and Zach Munyi - Head of Public Policy, East African Breweries PLC for a discussion about the implications of the 2023 Finance Act amendments on excise duty.
We also cover how Kenya compares to the rest of the East African region, excise duty changes in the Finance Act 2023, and the impact of stamp and excise duty on EABL’s financial performance.
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Show Notes
00:00:00 Introduction
00:01:00 Excise Duty and its Traditional Intention
00:03:50 Kenya vs East Africa
00:04:46 How has Excise Duty impacted EABL?
00:06:49 Excise Duty Changes in the Finance Act 2023
00:30:52 Impact of Stamp and Excise Duty on EABL’s Performance
00:32:54 Medium-Term Revenue Strategy
00:42:10 Minimizing the Impact of Excise Duty
00:45:37 Closing Remarks
Impact of Finance Act 2023 on Excise Duty