The East African Breweries Limited #ticker:EABL (EABL) estimates it will take a Sh14 billion hit should the proposed change to raise the minimum volume of alcohol in a bottle to 750 millilitres be adopted.
The brewer says the loss will derive from write offs in existing machinery and purchase of new ones, changes in packaging setup to fit the new packaging volumes, glass waste and lost business opportunities as a result of being outcompeted in other East African markets.
