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Blow to KRA as court stops Sh21 billion minimum tax
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Relief for businesses as High Court declares minimum tax provisions null & void
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Businesses breathe sigh of relief after KRA minimum tax setback
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Blow to KRA as High Court scraps Minimum Tax
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David Herbling, Bloomberg News
(Bloomberg)
Kenyan flower growers are grappling with airfreight constraints and virus-control measures, which threaten to wilt sales for Motherâs Day in key European markets.
Weekly freight demand averages 4,200 tons ahead of Mothersâ Day, yet available freight capacity currently is 3,500 tons, according to Clement Tulezi, Kenya Flower Councilâs chief executive officer.
Motherâs Day is Kenyaâs second-highest peak season, accounting for about a quarter of annual sales, the head of the flower growers lobby said Thursday by phone. Valentineâs Day makes up about 40% of annual bloom sales, he said.
âPrices are good. We expect good Motherâs Day sales,â Tulezi said. âHowever, there is reduction of belly space due to fewer passenger flights.â