Monday, July 8, 2024 – President William Ruto has moved to appease the masses even as the Gen Zs continue to revolt against him and his government.
This is after he reduced the importation rate
for Mitumba by more than half
This was communicated through the EAC Gazette
published on June 30, which details approved measures on import duty rates
in the EAC Common External Tariff (CET).
Initially, the importation of Mitumba was
subjected to a CET rate of 35 per cent or USD0.4/Kg or whichever is higher.
“Kenya to stay application of the EAC CET rate
and apply a duty rate of 35 per cent or USD0.20/Kg whichever is higher for one
year,” the Gazette explained Kenya’s new directive on worn-out clothes.
This means that the rate has been reduced from
Ksh51 to Ksh26 in the new directive offering a reprieve to importers.
This means Kenya will have the most
favourable terms to import Mitumba among all East African
Community (EAC) countries.
According to EAC, the new rates will be
applicable for the 2024/25 financial year before being subjected to another
revision.
In 2022 shortly after assuming power, the
Kenya Kwanza administration signaled a willingness to ban Mitumba
importation.
The then Cabinet Secretary of Trade Moses
Kuria had remarked that this was the best way to empower local garment
manufacturers.
The Kenyan DAILY POST
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