GraceKennedy announces price increases on non-alcoholic sweetened beverages

GraceKennedy Limited says it will increase its prices on non-alcoholic sweetened beverages by an average of nine per cent, effective Friday, May 1. In an April 24 notice to its Jamaican retail partners, the company said the upcoming price adjustments were in response to the Government’s Special Consumption Tax on sugary drinks, set at 22 cents per gram of added sugar, and which will take effect on the same day.