KRA raises alarm over counterfeits in alcohol market
News
By
Phares Mutembei
| Oct 30, 2021
Alcoholic drinks are some of the most counterfeited goods in Meru and surrounding counties, a senior Kenya Revenue Authority (KRA) official has said.
Deputy Commissioner Nicholas Kinoti, who is in charge of Meru and 11 other counties, said illegal traders have infiltrated fast moving products.
Kinoti, who spoke during a tree planting exercise at Chugu Secondary School in Imenti North, said KRA and other State agencies have launched a campaign against counterfeit products as part of efforts to facilitate the achievement of the Big Four Agenda.
The goods, he said, caused unfair competition to those doing legitimate business, and had deprived KRA of revenue. “Our biggest problem is in liquor. People legally doing business cannot compete with those supplying unapproved products.”
READ MORE
Behind-the-scenes rush as clock ticks for sale of Bamburi Cement
Pension industry seeks to flex its muscle in large State projects
Why construction sector is on steady decline in Kenya
Why affordable communication is key to AfCFTA
Treasury goes for UAE loan as IMF cautions of debt situation
Traders claim closure of liquor stores, bars near schools punitive
Adani fallout is a lesson on accountability and transparency fight
Sustainable finance in focus for Kenyan banks as Co-op Bank feted