KBL paid over P760m in alcohol levy
Friday, March 18, 2016
In response to the Gaborone Central legislator, Phenyo Butale’s question on how much the brewer has had to part with since the introduction of the levy, Madigele said that the amount was not from KBL but rather from the taxation of the company products.
“Mr Speaker, the balance on the alcohol levy account in my ministry as at June 2015 is P14,228,584.66. The Ministry of Health only receives 5 percent of the alcohol levy funds. The current Alcohol Levy Funds distribution ratio is 85 percent to Government Consolidated Funds, 10 percent to Gender Affairs Department and 5 percent to the Alcohol Campaign in my Ministry, which in this case is the Ministry of Health,” Madigele said at the time. He also stated that the alcohol levy funds in his ministry were accounted for just like all government funds.
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