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HomeDaily NewsFriday, May 15, 2026Tea Board Defends New Export Levy Amid Industry Pushback - May 2026
Business & Economy3 stories from 2 sources

Tea Board Defends New Export Levy Amid Industry Pushback - May 2026

The Tea Board of Kenya is defending a new tea export levy introduced on May 1, 2026, stating it will fund industry improvements and market expansion. The levy has faced pushback from the industry. At the same time, the Postal Corporation of Kenya (Posta) is shutting down 125 of its post offices as part of a Sh1 billion cost-cutting initiative to achieve profitability. Additionally, the Energy and Petroleum Regulatory Authority (EPRA) announced significant price hikes for petrol and diesel in Kenya, effective May 15, 2026, due to rising global fuel costs and the reinstatement of 8% VAT.

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Friday 9:30 AMCapital Business

Tea Board defends new export levy amid industry pushback

Tea Board defends new export levy amid industry pushback

The Tea Board of Kenya is defending a new tea export levy, introduced on May 1, 2026, which it states will fund industry improvements and market expansion.

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Key Highlights

The Tea Board of Kenya is defending a new tea export levy, introduced on May 1, 2026, which it states will fund industry improvements and market expansion.

  • The levy is 0.8 percent on tea exports, not 8 percent as previously reported.
  • Key individuals and organizations involved include the Tea Board of Kenya, chaired by Ndungu Gathinji, and various industry players facing pushback.
  • Proceeds will support infrastructure, research, branding, and international market promotion, with exemptions for value-added tea under 10 kilograms and products from export zones.
Thursday 9:19 PMCapital BusinessFirst

Petrol, diesel up by Sh17 and Sh46 respectively in May-June pricing cycle

Petrol, diesel up by Sh17 and Sh46 respectively in May-June pricing cycle

The Energy and Petroleum Regulatory Authority (EPRA) has announced significant price hikes for petrol and diesel in Kenya, effective May 15, 2026, due to rising global fuel costs and the reinstatement of 8% VAT.

Read Story
Thursday 11:10 PMNation Business

125 post offices shut in Sh1bn cost-cutting drive

125 post offices shut in Sh1bn cost-cutting drive

The Postal Corporation of Kenya (Posta) is shutting down 125 of its post offices as part of a Sh1 billion cost-cutting initiative to achieve profitability.

Read Story

Key Highlights

The Postal Corporation of Kenya (Posta) is shutting down 125 of its post offices as part of a Sh1 billion cost-cutting initiative to achieve profitability.

  • 125 out of 625 post offices are being closed, a reduction of about 20%.
  • The Postmaster-General and Posta Chief Executive Officer, John Tanui, stated this is to redirect capital towards e-commerce and courier services.
  • The closures will affect all regions in Kenya, with some branches being converted into fulfilment hubs.
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Key Highlights

The Energy and Petroleum Regulatory Authority (EPRA) has announced significant price hikes for petrol and diesel in Kenya, effective May 15, 2026, due to rising global fuel costs and the reinstatement of 8% VAT.

  • Super Petrol will increase by Sh16.65 per litre, retailing at Sh214.25 in Nairobi, while Diesel will jump by Sh46.29 per litre, selling at Sh242.92.
  • EPRA is the regulatory body implementing these changes.
  • The government will spend approximately Sh5 billion from the Petroleum Development Levy Fund to subsidize Diesel and Kerosene prices to cushion consumers.