Business Daily | by Edwin Okoth
Kenya has lost a bid to impose a 25 per cent excise tax on imported bottles from the East African region after the court ordered that the move be frozen.
The order by the East African Court of Justice presents a major relief for local beverage manufacturers who were hit by the directive that saw them absorb extra cost as they could not pass down the costs to consumers given the low sales during a pandemic year, according to the manufacturers’ petition to Parliament in April…
