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Ms Ahago said the enforcement of the new valuation schedule follows an order by President William Ruto during an engagement forum with stakeholders at the Port of Mombasa on July 29 that required the KRA “to harmonise the valuation parameters of used motor vehicle units”. “In compliance ...
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Traditionally, car prices gradually fall from April to December. But dealers reckon this trend is unlikely to play out this year. "The market will stabilise once there is a sharp rise in new cars in Asia and western countries. This will take time," said Mr Munyori. A global shortage of ...