Tanzania extends olive branch to Kenyan vehicle dealers

Tanzania has officially lifted a 30 per cent excise duty levied on motor vehicles assembled in Kenya in a move that will generate millions of shillings in savings for Kenya’s motor vehicle manufacturing industry.

This comes following the implementation of an agreement reached earlier this year at the 16th ordinary summit of the East African Community (EAC) Heads of State in Nairobi. Among the primary outcomes from the summit was a directive to ministers from the EAC member States to facilitate policy interventions that will promote assembly of motor vehicles in the region and a reduction on second hand car imports.