The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Sugar in a supermarket. The new levy increases the price of domestically produced and imported sugar. [File, Standard]
Kenyan households are bracing for an increase in sugar prices as a newlevy, instituted under the recently passed Sugar Act, takes effect on February 1.
The Sugar Development Levy, set at four per cent of the value for domestic sugar and the cost, insurance, and freight (CIF) value for imported sugar, has raised concerns among consumers and industry stakeholders alike.
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