Agriculture Ministry seeks VAT removal on crop processing machines

Filipino

The Ministry of Agriculture and Livestock Development is in talks with the Finance Ministry to remove VAT on crop processing machinery.

Minister Peter Kagwe said the proposal would improve investment in the agricultural sector and boost the competitiveness of Kenyan products.

He made the remarks during the launch of Sonalika tractors by Elgon Kenya at the KICC Hall in Nairobi.

Tractors are already tax-exempt and Sonalika models start at around Sh1.4 million. The company partners with banks to offer loans of up to 90 percent.

Mga Kaugnay na Artikulo

Gas station pumps displaying higher fuel prices due to tax changes, with government building in background.
Larawang ginawa ng AI

Government starts gradual phase-out of fuel tax reductions

Iniulat ng AI Larawang ginawa ng AI

The Council of Ministers approved on Monday a new package of measures that ends the VAT cut on petrol and diesel from Tuesday and gradually reduces the special tax until October.

National Treasury and Agriculture Ministry announce vehicle and equipment auctions

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Affordable technology urged for Kenya's smallholder farmers

Iniulat ng AI

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Pulisiya

Milei announces cut to wheat and barley export taxes from June

Pulisiya

Egypt's parliament approves VAT law amendments, cuts medical device tax to 5%

Africa

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Finance bill 2026 proposes new taxes on mitumba and mobile phones

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KRA faces probe over sugar deal linked to Ksh2.9 billion tax loss

Iniulat ng AI

The Kenya Revenue Authority came under parliamentary scrutiny on Thursday over its clearance of imported raw sugar that received nearly Ksh3 billion in tax exemptions.

Mitumba traders seek five percent tax on imports

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Ndindi Nyoro proposes cuts to lower fuel prices below Ksh190

Iniulat ng AI

Kiharu MP Ndindi Nyoro has urged the National Assembly to amend laws and cut taxes to bring down fuel prices. His proposals follow recent sharp increases announced by EPRA.

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Food tax cut estimate predicts 300 billion yen farm income loss

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Minister Kagwe assures new tea tax will not affect farmers income

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Milei cuts export taxes on wheat and barley from June

 

 

 

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