Kenya and Uganda cry foul as reality of new taxes checks in
A truck loaded with timber imported from Tanzania waits to cross Likoni channel. Kenyan furniture manufacturers say new taxes have pushed up cost of imported wood raw material such as particle board and plywood. PHOTO | LABAN WALLOGA | NMG
Just a week after the new East African Community common external tariff (CET) band came into force, businesses are already feeling the pinch and crying foul over the “unintended consequences” of the regime.
Kenya and Uganda have filed complaints to the East African Business Council (EABC), the regional lobby, over the law that raised import taxes on goods from non-EAC countries to 35 percent. They say that some basic commodities outside the band have also been affected.
