The cost of cooking oil, soap, margarine, and some cosmetics with glycerin is set to rise by double-digit rates starting this month after Kenya imposed a 10 percent import duty on crude palm oil, a key raw material used to produce them.
The East African Community Council of Ministers chairman Deng Alor Kuol said Kenya’s application to raise duty on crude palm oil to 10 percent from the current zero rate under the common external tariff (CET) has been approved.
