The imposition of a tax on soft drinks as suggested by the International Monetary Foundation (IMF) is a major concern for Barbados Bottling Company Limited.
Speaking to the DAILY NATION following a church service at St David’s Anglican Church to mark the 70th anniversary of the company which was recently rebranded as Banks, group managing director and chief executive officer of parent company Banks Holdings Limited (BHL) Richard Cozier expressed concern about the IMF proposals.
Cozier pointed out: “We would be interested [in finding out] if it is to take place and how it would be structured because it would have an impact on the company.”
BHL is a locally-owned beverage conglomerate manufacturing a number of local and internationally branded beverages including Banks Beer. (LK)
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