Sharp Daily
No Result
View All Result
Monday, March 16, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Mombasa High Court Halts Policy Proposal to Remove 35.0% Duty on Refined Edible Oil

Patricia Mutua by Patricia Mutua
July 21, 2023
in News
Reading Time: 1 min read

The High Court in Mombasa has issued an injunction, preventing Treasury Cabinet Secretary Njuguna Ndung’u from implementing a proposal to remove the 35.0% duty on refined edible oil. The directive was given by Judge Olga Sewe in response to Julius Ogogoh’s application, which contested the implementation of the new policy.

Read more: Kenya Acknowledged as a Major Importer of Malaysian Palm Oil

Despite protests from the Attorney-General’s office, which claimed that it had not been properly served with court documents, the order halting the policy’s implementation was issued. The proposed policy aimed to remove the 35.0% duty on edible oils and replace it with a 10.0% Export and Investment Promotion Levy to support local manufacturing in the edible oil value chain. Julius Ogogoh, who sought to block the proposal, argued that it would adversely affect businesses and the local food manufacturing industry. He deemed the Trade CS’s actions arbitrary, ill-advised, and malicious, calling for the court to quash the proposal to prevent further harm.

Read more: KEBS Suspends 10 Cooking Oil Brands

RELATEDPOSTS

No Content Available

Mr. Ogogoh emphasized that the proposed tax regime would directly impact the pricing of refined edible oils in the local market, leading to an increased cost of living for citizens. The applicant stressed the importance of public participation and adherence to natural justice principles in all decisions made by public bodies and officers. The case will be mentioned on September 27 for further directions as the court examines the matter and its implications in detail.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Kenya’s Smartphone Shortage Expected to Persist as Import Costs Rise Sharply

Next Post

IMF Demands an Overhaul of Kenya Power’s Board of Directors

Patricia Mutua

Patricia Mutua

Related Posts

News

Understanding REITs and Their Role in Real Estate Investment

March 16, 2026
News

Inflation moderation signals stable macroeconomic conditions

March 16, 2026
News

Kenyan Sacco’s face Ksh660 million loss risk as Kuscco mutual assurance falls under regulatory control

March 16, 2026
News

entum Exits Sidian Bank After 22-Year Investment Through Final Stake Sale

March 13, 2026
News

Why Risk-Based Pricing Is Replacing Central Bank Rate Lending in Modern Banking

March 13, 2026
News

Building a safety net: How Kenyans can start an emergency fund from scratch

March 13, 2026

LATEST STORIES

Kenya’s rising pension contributions and the growth of long-term savings

March 16, 2026

Understanding REITs and Their Role in Real Estate Investment

March 16, 2026

Canal+ plans cheaper DStv and GOtv equipment to attract more subscribers

March 16, 2026

Inflation moderation signals stable macroeconomic conditions

March 16, 2026

Kenyan Sacco’s face Ksh660 million loss risk as Kuscco mutual assurance falls under regulatory control

March 16, 2026

Why Employers Should Opt Out of NSSF Tier II into Private Pension Schemes

March 13, 2026

entum Exits Sidian Bank After 22-Year Investment Through Final Stake Sale

March 13, 2026

Why Risk-Based Pricing Is Replacing Central Bank Rate Lending in Modern Banking

March 13, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024