Treasury slashes duty on some beers

Henry Rotich, Treasury Cabinet Secretary of Kenya PHOTO:COURTESY

Local manufacturers of beer made from sorghum, cassava, millet and any other agricultural product will soon benefit from excise duty reductions.

This was made possible after Treasury on Monday published new regulations streamlining the Excise Duty Act with the Tax Procedures Act 2015, granting beer manufacturers an 80 per cent remission in excise duty.