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The government increased the vehicle importation duty to 35 per cent.

They want due diligence carried out to determine whether the product a country wants to protect is of the right price or scarce.

The National Assembly published the Finance Bill, 2023 on 28th April 2023 that seeks to amend laws relating to various taxes and duties while proposing new taxes, regulations, and incentives. Kenya Association of Manufacturers (KAM) engaged its members on the Bill and thereafter presented to the National Assembly’s Departmental Committee on Finance and National Planning,…

Kenya Association of Manufacturers (KAM) appreciates the government’s continued support towards driving manufacturing sector growth. The National Assembly published the Finance Bill 2023 on 28th April 2023. The Bill seeks to amend laws relating to various taxes and duties such as the Income Tax Act, Value Added Act (VAT), Tax Procedures Act and Excise Duty…

By Esenvosa Izah Lagos, May 16 2023 The Nigeria Employers Consultative Association (NECA) on Sunday urged the Federal Government to suspend the implementation of its proposed tariff increases in the manufacturing sector. In a statement issued in Lagos, its Director-General, Mr Adewale-Smatt Oyerinde, also called for the reversal of the 2023 Fiscal Policy Measures (FPM). |