Stakeholders clash over freshly reintroduced sugar price levy

Sugar sector stakeholders have given a parliamentary committee mixed submissions on the newly reintroduced Sugar Development Levy, with some demanding the tax rate be lowered to one percent while others suggested higher rates of up to 10 percent.

The Kenya Association of Manufacturers (KAM) informed the Senate Committee on Agriculture that industrial sugar, also known as Icumsa 45, is an essential raw material for manufacturing and that the levy on it should be reduced or eliminated.

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