Zimbabwe: Government reported to be subsidizing beer in Zimbabwe

The permanent secretary in the Ministry of Finance, George Guvamatanga, reportedly questioned in a meeting of Heads of Ministries, why the government subsidizes beer in Zimbabwe, the Pindula News reported on February 10.

The information was provided by Nick Managwana, the Information Ministry perm sec through his Twitter account.

Guvamatanga, who is also the former Barclays Zimbabwe managing director, apparently called for unpopular decisions to be made by the government.

Mangwana reiterated on his Twitter that these are not direct subsidies for Delta Beverages’ products but procurement subsidies for ingredients used in the production of beer products.

E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .