Home Business Tax on barbed wire imports opens doors for local firms

Tax on barbed wire imports opens doors for local firms

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Nation | by Kamau Maichuhie

A decision by the government in June to impose a 25 percent tax on galvanised wire imports, has opened doors for local manufacturers.

The move has seen demand for the locally manufactured product and related products rise sharply.

As a result, some of the local galvanised and barbed wire manufacturers have embarked on robust expansion plans in a bid to increase their production to meet customer needs.

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