Business Chat Podcast: Ugalinomics; Expensive maize flour on proposed 16% VAT

Business Chat Podcast | 1 month ago

Kenyans should brace for expensive Ugali if members of parliament pass the 2022 Finance Bill that proposes a 16% value added tax on maize flour. Households are already reeling from high commodity prices such as milk, cooking oil and fuel. Adding maize flour to the equation will hit them hard since ugali is the country’s staple food. Brenda Kerubo hosts Dr. David Kabata, an entrepreneurship and innovation expert on this week’s edition of the Business Chat Podcast.