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Kenya to license more industrial sugar firms

The EAC Ministers for Finance, through the region’s tax remission scheme, granted Kenyan industrial sugar manufacturers duty remission on raw sugar at a duty rate of 0 per cent on condition that the finished product is not sold in the EAC Customs Territory. PHOTO | FILE

By  James Anyanzwa

Business Reporter in Nairobi, Kenya

Nation Media Group

Kenya has opened its industrial sugar production to new players, offering tax incentives on imports of raw sugar — the main raw material.

This comes as Kibos Sugar, the only licensed industrial sugar manufacturer, struggles to meet the growing demand for the commodity in the region.

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