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Originally published by Capital Business
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business
July 29, 2026
4h ago

KNCCI welcomes one-month delay to higher cargo tax changes

KNCCI welcomes one-month delay to higher cargo tax changes

Under the deal, the current benchmark of Sh2.5 million will remain in force until August 20, after which a revised benchmark of Sh3.2 million will take effect from August 21...

✨ Key Highlights

The Kenya National Chamber of Commerce and Industry (KNCCI) has welcomed a one-month delay in the implementation of increased cargo taxes, following constructive consultations with the Kenya Revenue Authority (KRA).

  • The current customs benchmark of Sh2.5 million will remain until August 20, when it will rise to Sh3.2 million.
  • Key stakeholders involved include the KNCCI, KRA, consolidators, and clearing agents.
  • KRA has also agreed to waive storage charges for affected cargo and will keep the revised benchmark fixed for two years.

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