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Manufacturers seek exemption from new levy

Kenyan manufacturers want to be exempted from the one per cent levy on imported raw material coming into the East African region. The new levy was recently introduced by the chairperson of the East African Community (EAC) Council of Ministers and is contained in the EAC 2015/16 Budget speech read on May 13, 2015 to the East African Legislative Assembly.

The request to have manufacturers exempted from the levy was put forward by the manufacturers’ lobby, the Kenya Association of Manufacturers (KAM), during a meeting chaired by Industrialisation and Enterprise Development Cabinet Secretary Adan Mohamed Monday in Nairobi.

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