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Spare SMEs from paying turnover tax, says lobby


THE STANDARD
By
Peter Theuri |
December 21st 2020 at 10:00:48 GMT +0300
Work in progress at Avoveg Limited, a company dealing in the processing and export of horticultural produce, during the company s post-COVID-19, phased reopening of business to local and international markets. [David Njaaga, Standard]
Manufacturers’ lobby has warned that the move to start taxing small businesses turnover tax will have a huge impact on their business operations.
The Kenya Association of Manufacturers (KAM) now wants the minimum tax abolished or suspended, until when effects of the Covid-19 pandemic, which has affected the economy, is managed.
The manufacturers argue the introduction of the minimum tax will hurt the economy and reduce Kenya’s attractiveness to investors. “Introduction of a new tax based on turnover will hurt a company’s financial well-being such as creating cash flow constraints,” noted the manufacturers’ body. ....

Fredrick Ogutu , Uhuru Kenyatta , Kenya Association Of Manufacturers , Avoveg Limited , Kenya Association , Finance Act , Deloitte East , உஹுரு கெநியாட , கேந்ய சங்கம் ஆஃப் உற்பத்தியாளர்கள் , கேந்ய சங்கம் , நிதி நாடகம் , டெலோய்ட்டே கிழக்கு ,

Peeling avocados huge potential in the market - FarmKenya Initiative


FARMKENYA INITIATIVE
Crop
By Peter Muiruri
| December 20th 2020 at 08:00:00 GMT +0300
Work in progress at Avoveg Limited, a company dealing in the processing and export of horticultural produce. [David Njaaga, Standard]
The National Horticultural Policy shows how agro-processing and packaging technologies are relatively undeveloped.
As Kenya ramps up avocado production, adoption of modern technology can boost production of the crop that is fast becoming a key foreign exchange earner.
The National Horticultural Policy cites poor uptake of modern methods of farming as one of the key challenges that hampers horticultural farmers from realising full potential.
For example, the policy shows how agro-processing and packaging technologies are relatively undeveloped in Kenya. ....

Jackson Ombati , Ernest Muthomi , Avoveg Limited Park House , Netherland Ministry Of Foreign Affairs , Avocado Society Of Kenya , National Horticultural , Avoveg Limited , National Horticultural Policy , Netherland Ministry , Foreign Affairs , Limited Park House Manager Jackson Ombati , நெதர்லாந்து அமைச்சகம் ஆஃப் வெளிநாட்டு வாழ்க்கைத்தொழில்கள் , வெண்ணெய் சமூகம் ஆஃப் கேந்ய , தேசிய தோட்டக்கலை , தேசிய தோட்டக்கலை பாலிஸீ , நெதர்லாந்து அமைச்சகம் , வெளிநாட்டு வாழ்க்கைத்தொழில்கள் ,