Business Daily | by Constant Munda
Reopening of bars and a tax raise in line with changes in inflation helped lift October excise duty collections to near pre-Covid levels, latest data from the Treasury show.
Excise duty receipts amounted to Sh17.1 billion in the month, according to the revenue statistics the Treasury shared with the Central Bank of Kenya (CBK), the highest since March when Kenya shut bars, pubs and night clubs.
The March 22 closure resulted in significant disruption of alcohol value chain that…
