Mozambican beer made from cassava to pay less taxes

27 October 2011

Maputo, Mozambique, 27 Oct – Beer made from cassava in Mozambique will be taxed at only 10 percent versus the 40 percent applied to beer made from barley, per the terms of legislation approved by Parliament on Wednesday.

“The new beer will give added value to cassava and ensure higher income for producing families. In areas where it is produced it will become industrial, a crop for income and not just family subsistence,” said Finance Minister Manuel Chang.

The 10 percent value is a preferential rate meant to encourage the market entrance of national cassava-based beer. The aim is to enhance the value of this raw material (also known as manioc) and new products using national resources, he added.

Cervejas de Moçambique, a subsidiary of the SABMiller group, announced that it will soon begin production of beer based on cassava. (macauhub)