Alcohol, cigarette set to cost more

Treasury secretary Henry Rotich. FILE PHOTO | NMG

The Treasury has doubled the excise stamp fees for cigarettes, wines, and spirits to Sh2.80 per sticker, setting the stage for an increase in retail prices by similar margins as manufacturers of the products pass on the costs to consumers.

The tax has traditionally been charged at a flat rate of Sh1.50 for each retail unit (bottle, can or packet) — highlighting the huge cost impact for consumers.

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Note: The results are not exact but very close to the actual.