Kenya Manufacturers association has told excise on duty will result to job cuts

KAM Central Kenya Chapter Chairman Anup Bid (L) with KAM chairlady Flora Mutahi (R) in a past media briefing. [Photo: Courtesy]

Kenya Manufactureres Association has expressed its concern about the 20 percent excise duty on sweets and chocolates saying that the move will lead to massive layouts in the industry.

KAM said in a statement that prices of these products were set to rise and allow illegal trade in imports by unscrupulous dealers. The move will adversely affect job creation and revenue generation.