EPZ firms’ local sales quota raised to 40pc

Shoppers at an EPZ clothing sale. FILE PHOTO | NMG

The ailing textile sector has been handed a lifeline, with the proposed increase in the amount of goods that manufacturers based in the special economic zones can sell locally.

President Uhuru Kenyatta said that the apparel manufacturers operating from the export processing zones (EPZs) will now be allowed to sell up to 40 per cent of their goods locally, a significant improvement over their current local market quota.

PAYE Tax Calculator

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