Kenyan taxman adds excise stamps on beverages

KENYA - The Kenya Revenue Authority (KRA) has introduced excise stamps on additional products from next month as it moves to seal leaks in the backdrop of higher collection targets set by the Treasury. The taxman said manufacturers will from November 1 be required to affix the new generation excise stamps on bottled water, juices, soda,…

Kenya hits TZ wheat imports with higher inspection fees

KENYA - Kenya has imposed a steeper inspection fee on Tanzanian wheat imports, threatening to escalate the trade war between the two neighbours. The government has increased the cost of wheat inspection at the border from Sh600 per truck to Sh8,000, a move that would technically lock out the commodity. The two East African countries…