Nairobi — The National Treasury has defended its decision to exempt imported raw sugar from certain taxes, saying the move will support local manufacturing despite costing the government more than Sh104 million in forgone revenue.
Treasury Cabinet Secretary John Mbadi told the National Assembly’s Departmental Committee on Trade, Industry and Co-operatives that the Kenya Revenue Authority (KRA) waived Sh104.09 million in taxes after Mombasa Sugar Refinery Limited was exempted from paying the…
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