×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Murkomen opposes EVs tax plan, says it will reverse gains

Vocalize Pre-Player Loader

Audio By Vocalize

Transport Cabinet Secretary Kipchumba Murkomen. [Boniface Okendo, Standard]

Roads and Transport Cabinet Secretary Kipchumba Murkomen has opposed introducing taxes in the electric transport sector as proposed in the Finance Bill, 2024.

The Bill proposes various changes to the incentives introduced under Finance Act, 2023, including removing the tax incentives on electric vehicles (EVs).

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
KQ picks NSE boss Kiprono Kittony, David Ndii in Board shake-up
Business
Tea market nets Sh1.5 billion for the smallholder factories in a week
Business
MultiChoice shuts down Showmax after 11 years
Business
Calm before storm: Why oil prices may rise in May