David Mboni News Today

Changes prescribes a penalty for any person who registers a firm on behalf of a non-Kenyan for purposes of benefiting from state procurement.

THE STANDARD BUSINESS Chief Administrative Secretary (CAS) for the National Treasury and Planning Nelson Gaichuhie. [Boniface Okendo, Standard] The National Treasury has made a U-turn on its plan to increase taxes on imported furniture, measures aimed at growing local industries. Treasury had last year said it supported a Bill to amend the Excise Duty Act and impose a 30 per cent excise tax on imported furniture. The Bill by Kiambu MP Jude Njomo is expected to promote the local furniture indust...