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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.
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Edible oil manufacturers in the country have called for the scrapping of the proposed 25 percent excise duty on vegetable oil in the Finance Bill 2024, warning that cooking oil prices could increase by 80 percent.
Through their association, the manufacterers raised concern with the tax noting that it would apply to both raw materials and refined cooking oils and cautioned members of Parliament against passing the same.
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