United Nation Economic Empowerment Programme - UNEEP

Kenya stands at a pivotal moment to create jobs and wealth through the local assembly of passenger and commercial vehicles, as well as the manufacturing of automotive components.
The local production of parts such as side mirrors, radiators, exhaust systems, and windscreens will strengthen domestic industries and create employment opportunities. Companies seeking to invest in this line of production can access financing through the Samurai Bond.

Industry PS, Dr. Juma Mukhwana, this morning received Tax Proposals from members of the Kenya Association of Manufacturers (KAM) led by Chief Executive, Tobias Alando, for the F/Y 2025/2026. The team reviewed sector-specific proposals, aimed at spurring manufacturing in the country.
Among the proposal were exemption of VAT on Plant and industrial machinery, proposals to remove Withholding VAT, reduction of Corporate Tax to 25% and exempting local leather manufacturers from paying excise duty.

Industry PS, Dr. Juma Mukhwana, this morning received Tax Proposals from members of the Kenya Association of Manufacturers (KAM) led by Chief Executive, Tobias Alando, for the F/Y 2025/2026. The team reviewed sector-specific proposals, aimed at spurring manufacturing in the country.
Among the proposal were exemption of VAT on Plant and industrial machinery, proposals to remove Withholding VAT, reduction of Corporate Tax to 25% and exempting local leather manufacturers from paying excise duty.
These, among other proposals, would ensure sustainability of the sector as well as attracting investors, further catapulting Kenya into an industrial hub as envisaged in The BETA Plan.