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

MSME Alliance opposes KRA’s Sh3.2m cargo benchmark

MSME Alliance has opposed KRA’s proposed increase in the consolidated cargo customs benchmark from Ksh2.5 million to Ksh3.2 million. The alliance says the 28 per cent increase would raise import costs, squeeze working capital and threaten the survival of small businesses. It wants KRA to retain the Ksh2.5 million benchmark and consult traders before making…

Read More
Sugar Factory/Photo Courtesy

Cane farmers oppose proposals to exempt manufacturers, importers from 4% levy

Sugar cane farmers in the country have vehemently opposed proposals to exempt exporters and manufacturers importing white refined industrial sugar from paying the four per cent Sugar Development Levy. Sugar Campaign for Change (Sucam), coordinator Michael Arum said in a statement that farmers described the proposal by the Kenya Association of Manufacturers (KAM) as “misguided, legally unfounded,…

Read More
Don`t copy text!