BAT raises cigarette prices on higher taxes

British American Tobacco (BAT) Kenya Managing Director Beverley Spencer–Obatoyinbo. FILE PHOTO | NMG

BAT Kenya #ticker:BAT has raised the prices of nearly all of its cigarettes by up to Sh15 per packet in changes the company said are meant to pass increased taxes to consumers.

The price increments took effect on January 2. The Finance Act 2019 raised excise duty charged on cigarettes by 14.1 percent effective last November.

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