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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Prices of imports are set to go up in the coming weeks after the Kenya Revenue Authority (KRA) directed that Small and Medium Enterprises pay taxes based on the value of products and not their weight.
According to the new directive which took effect on March 1, consolidated cargo will not cost Sh200 per kilo as has been the case. The pricing will be based on the Transaction Value as per the World Trade Organisation (WTO) General Agreement on Tariff and Trade.
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