Cost of importing used cars into the region set to increase by 5pc
Imported second-hand vehicles leave the port of Mombasa. The cost of importing used motor vehicles into East Africa will go up by five per cent from July 1, 2015 after EAC ministers adopted new car importation and valuation rules. PHOTO | FILE
The cost of importing used motor vehicles into East Africa will go up by five per cent from next month after EAC ministers adopted new car importation and valuation rules.
The ministers agreed to enforce the new rules, including standardised depreciation rates with effect from July 1.
