Apply higher tariffs on non-EAC goods to grow industries

cargo-ship

A cargo ship arrives at the Mombasa port. FILE PHOTO | NMG

The establishment of an effective Common External Tariff in the East Africa region will lead to the exponential growth of the manufacturing sector.

A Common External Tariff (CET) is an import tariff or rate adopted and applied by countries within a common market. This tariff is ideally imposed on imports from non-member countries, with the intention of promoting industrialisation in the common region, enhancing the economic development of member States and liberalising regional trade.

PAYE Tax Calculator

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