How will the new shift benefit a buyer of a second-hand car in terms of pricing? Kenya Auto Bazaar Association and Car Imports Association of Kenya argue that suspension of payment of import taxes, including value-added tax and excise duty, will free up cash and enable dealers to or...
In the current Financial Year ending June next year, for example, Kenyan car buyers were hit by a 35 percent import duty after the EAC Council of Ministers approved an application by the Kenyan Finance minister to raise duty on motor vehicles under the CET. Kenya’s import duty for car...
Kenya’s imports from UAE are largely gasoline (petrol), consumed by private car motorists, and gas oil, which is used in running generators, and machinery as well as powering engines for agriculture, rail and marine transport, according to the Kenya National Bureau of Statistics. The increa...