New levy to deny horticulture farmers over Sh350m

Kenya Flower Council CEO Clement Tulezi. FILE PHOTO | NMG

Exporters of fresh produce have warned that farmers’ earnings will be cut by over Sh350 million following the implementation of the 0.25 percent export levy.

The levy, which has been occasioned by the Horticultural Crops Regulations 2019, took effect on January 1.

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