Manufacturers sue seeking to block 17.5pc export levy

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Kenya Association of Manufacturers (KAM) CEO Anthony Mwangi on February 28, 2023. PHOTO | DIANA NGILA | NMG

Manufacturers have filed a court case seeking to block the new 17.5 percent export and investment promotion levy on imported goods such as steel and clinker, saying it will negatively affect their business.

Their position contrasts with that of businessman Narendra Raval who backs the levy and whose steel and cement operations are set to benefit from the recent taxation changes.

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