Gov’t cuts consolidated cargo benchmark to Sh2m

Traders win relief as the cargo benchmark is cut to Ksh2 million. New rules aim to ease cargo clearance while improving compliance. Lower rail charges are set to reduce import costs. President William Ruto has directed the Kenya Revenue Authority (KRA) to lower the customs benchmark for general consolidated cargo to Ksh2 million, following talks…

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Micro, Small and Medium Enterprises (MSME) Alliance of Kenya CEO Samuel Karanja at a previous presser.

Traders plan August 28 shutdown over rising costs

Traders plan nationwide shutdown over rising business costs Higher customs values spark fresh concerns among importers SMEs demand predictable taxes and fairer business conditions Kenya’s small traders are stepping up their fight against rising taxes and import costs, with traders planning a nationwide business shutdown and demonstrations on August 28 under the banner “Businesses Under…

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