×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Manufacturers warn Finance Bill proposals will raise costs, kill jobs

Vocalize Pre-Player Loader

Audio By Vocalize

Kenya Association of Manufacturers CEO Anthony Mwangi during the launch of the Responsible Care Kenya Initiative at the Norfolk Hotel on Jully 5, 2023. [David Gichuru, Standard]

Manufacturers have protested at some of the proposals in the Finance Bill, 2024, noting they will make locally made products expensive and uncompetitive in the country and the region.

The companies claimed the taxes imposed by last year's Finance Act have crippled some of the local industries, whose products have become too expensive to compete with imports.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Sci & Tech
AI boom raises pressure for clean energy transition
Motoring
How to pick the right insurance cover for your car
Business
Push for cryptocurrency regulation gathers pace
Shipping & Logistics
South Sudan justifies Crawford Capital Port collection role