Frenzy of duty-free imports is suspicious

215339-01-02

The government will import large quantities of rice, cooking oil, sugar, wheat and beans duty-free through the Kenya National Trade Corporation (KNTC). 

Photo credit: File | Nation Media Group

The drama surrounding new duty-free rice import has entered a new phase. In a surprising twist, two Mombasa-based commodity trading moguls have quietly withdrawn a case they had filed to block the government’s plan to import 500,000 tonnes of rice.

Change of strategy? Or have the protagonists simply decided to throw in the towel?

PAYE Tax Calculator

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