Inside State's brewing battle with manufacturers over incentives

Some of the steel manufactured at Kifaru Steel Blue Nile Building Mills Limited in Thika, Kiambu County on Friday, July 13, 2024. [Collins Kweyu, Standard]

The government is putting manufacturers in a bind with its constantly shifting policies on tax incentives, as some firms find themselves at loggerheads with the taxman

When Blue Nile Rolling Mills Ltd applied for a Special Operating Framework Arrangement (Sofa) with the government in 2020, it was among companies that were taken up for the Vision 2030 initiative.