Prices of beer, airtime go up

The price of cleared beer has increased with immediate effect after part of the National budget has come into effect. Finance Minister Alexandra Chikwanda in October 2013 increased the Excise duty on clear beer. The increase was however deferred to January 1, 2014. Excise duty was also increased on Mobile phone Scratch cards with effect from January 1 2014. This means that service providers are just waiting for current stocks to finish before they increase the prices. For beer a crate is now selling at K130 per crate from K108 wholesale.

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