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Prices of imported used cars to drop on strong shilling

Prices of imported used cars to drop on strong shilling
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Car prices to fall by at least Sh100k on the strong shilling

How bonded warehouses will change car import taxes

Car Dealers Clash After Govt Directive Takes Effect

Car Dealers Clash After Govt Directive Takes Effect Imported cars at the port of Mombasa await clearance. File Car dealers in Kenya have clashed after a government relief of vehicle importation took effect beginning January 1, 2021. A report by People Daily on Wednesday, January 13, indicated that two associations have differed after the state allowed cars older than eight years to be imported into the country. Car Importers Association of Kenya (CIAK) praised the move noting that it would help traders avert losses from imported cars that had already been ordered but delayed landing in Mombasa due to Covid-19 lockdown. CIAK Chairman Peter Otieno, while speaking to the press, observed that the pandemic affected the imports of the cars whose deadline had been set for December 31, 2020.

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