[kictanet] Smartphones shortage in Kenya as taxman inspects each item

Kenyans will pay more for smartphones following KRA move to charge importers duty on value of each imported item as opposed to Ksh200/kg (cargo consolidation). Combined with a weak shilling, stocks of smartphones are running out as prices rise while traders report reduced revenues KRA is calling upon importers of smart phones whose cargo is held at the ports to accelerate the verification of their consignments in a bid to address the shortage that has hit the market. Read more https://nation.africa/kenya/business/smartphones-crisis-looms-as-taxman-tigh... -- Best Regards, ______________________ Mwendwa Kivuva, Nairobi, Kenya https://www.linkedin.com/in/mwendwa-kivuva