E-Malt.com News article: Angola: Government sets maximum quota for beer imports

The government of Angola has set a maximum quota for the import of products included in the basic basket of goods in 2015 at around 2 million tons, including cooking oil, flour, rice and sugar, according to a joint executive decree dated 23 January.

The decree, signed by the Ministers of Finance, Agriculture, Fisheries, Industry, Commerce and Transport, together with the National Bank of Angola, aims to “ensure food and nutritional security of the people” and take regulatory measures which ensure domestic supply of over 60 percent of national consumption.

The document set for the entire 2015 year a general import quota of 2.04 million tons of the basic basket products split amongst cooking oil (334,000 tons), corn meal (99,000), wheat flour (688,000) salt (100,000), rice (457,000) and sugar (367 438).

The same decree sets a general import quota of soft drinks and beverages for this year of 950 000 hectolitres spread over waters (150,000 hectolitres), soft drinks (200,000), beer (400,000) and juice (200,000).

João Abecasis, head of Portugal’s leading brewer Unicer, said he hopes Luanda will revise the quota for beer and that, eventually, it will be Angola who will lose in fiscal revenues.

Unicer’s sales to Angola annually exceed 7 mln litres of beer with earnings estimated at around EUR120 mln.



30 January, 2015