Fish prices set to increase by 50 percent on new import taxes

DNFishTaste2110_5

A fishmonger sorts out fish at the Fresh Fish Market in Kisumu County. FILE PHOTO | TONNY OMONDI | NMG

The cost of buying fish will rise by 50 percent if Parliament approves a proposal to introduce excise duty at Sh100,000 per tonne to shield the local market from cheaper Chinese imports.

The Kenya Association of Fish Importers, Processors and Exporters told MPs that imposing excise duty on fish imports will push the cost of buying fish by at least 50 percent.

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