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Kenya Finance Bill was Approved

Date, 21st Sep 2018

The new Kenya finance bill was approved in Parliament and subsequently affirmed by the President into Law.

Amongst other taxes and budget cuts, the most important element for transport business is the reduction of VAT on fuel from initial 16% to 8%.

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This is to take effect immediately and as such we hope the cost of transport to start reducing from next week to not entirely to the level it was before. Further communication will follow once this has settled.

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