[Source: Business Daily, by Edwin Okoth]
Manufacturers in Kenya have stepped up the push to increase taxes on finished products imported into the East African Community (EAC) bloc, citing unfair competition for locally manufactured goods.
The industrialists’ lobby, the Kenya Association of Manufacturers (KAM), said Kenya’s decision to apply a 30 per cent Common External Tariff (CET) on imported finished products distorted the regional market because other partners of the EAC Customs Union such as Tanzania and Uganda had settled for a higher rate of 35 per cent…
