C
Originally published by Capital Business
📰 Read Full Article
business
June 2, 2026
1w ago

State Considering Budget Allocation to Clear Part of Sh12bn Flower Export Tax Claims

State Considering Budget Allocation to Clear Part of Sh12bn Flower Export Tax Claims

NAIROBI, Kenya, June 2 – The government is considering budgetary allocations to clear part of the more than Sh12 billion VAT refund backlog owed to flower Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Kenyan government is considering budgetary allocations to address a significant backlog of Sh12 billion in VAT refund claims owed to flower exporters, alongside reforms to the tax system.

  • A total of over Sh12 billion is currently owed to flower exporters.
  • Trade and Investment Cabinet Secretary Lee Kinyanjui is leading the government's efforts.
  • The delays have negatively impacted the cash flow, expansion plans, and global competitiveness of Kenya's vital flower industry, which contributes approximately 1.6 percent of GDP and 18 percent of export earnings.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Part of the Day's Coverage

State Considering Budget Allocation to Clear Part of Sh12bn Flower Export Tax Claims - June 2026

The Kenyan government is considering budgetary allocations to address a significant backlog of Sh12 billion in VAT refund claims owed to flower exporters, alongside reforms to the tax system. Kenya is simultaneously implementing aviation reforms, including expanding Jomo Kenyatta International Airport (JKIA) and revitalizing Kenya Airways (KQ), to boost its share of the global flower market. The International Trade Centre (ITC) and Equity Group Holdings have also partnered to address the trade finance gap and boost exports in East Africa's key value chains.

3 stories in this topic
View Full Coverage
Advertisement
Advertisement