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KRA eyes new excise tax system amid Swiss firm tender dispute

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Times Tower Building in Nairobi which hosts Kenya Revenue Offices. [Wilberforce Okwiri, Standard]

The Kenya Revenue Authority (KRA) has issued a fresh tender for a multi-billion-shilling service contract to monitor the production of cold beverages such as beer and soft drinks.

The move comes at a time the National Treasury has proposed to amend the pricing of excise stamps for alcoholic beverages and other products. If implemented, the review may increase the cost of stamps by up to 100 per cent.

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