Tancoo defends proposed copra fine increase as producers seek consultation
Finance
Politics
Legal
June 9, 2026
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Jesse Ramdeo
Coconut oil producers and vendors in the south-western community of Icacos are expressing concern over Government’s proposal to double the penalty for manufacturing copra products without a licence, warning the move could negatively impact small operators who depend on the industry for their livelihoods.
The proposed increases contained in the Finance Bill, 2026, will double the fine from $4,000 to $8,000 for manufacturing copra products without the required licence.
Finance
Politics
Legal
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