Higher prices loom as team pushes for sugar levy return

Kanduyi MP Wafula Wamunyinyi sponsored the Bill. PHOTO | KEVIN ODIT

Kenyans may have to pay more for sugar as industry players mull a consumption tax to bankroll affordable credit to cane farmers in a raft of turnaround measures.

Almost four years after the Treasury scrapped the Sugar Development Levy (SDL), the taskforce formed to revive the industry has proposed its return at a steeper rate of seven percent on both imports and ex-factory prices.

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