Kenya Receives Greenlight to Raise Car Import Taxes in...
International News
July 19, 2023
In the 2023/2024 financial year, Kenya's government has received approval to increase taxes on car imports, potentially leading to a significant rise in the cost of motor vehicles. The move comes as a response to Kenya's request to raise the duty under the common external tariff. The expected tax hike may result in a considerable impact on the prices of cars in the country, potentially affecting consumers and the automotive industry.