Analysts say cost of goods likely to rise after Henry Rotich’s budget

A customer shopping at a supermarklet. Analysts say there could be an increase on prices of essential commoditioes. [PHOTO: FILE/: BEVERLYNE MUSILI/STANDARD]

NAIROBI, KENYA: Analysts have hinted at a possible increase in tax for the already burdened Kenyans as the governments seek to raise the Sh1.77 trillion budget to finance development projects.

During the 2014/2015 budget reading, National Treasury Cabinet Secretary Henry Rotich did not announce any changes to the tax rates on goods as was the case before.