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Kenya flower farmers say high taxation scare away investors

The Kenya Flower Council (KFC) on Sunday decried high taxation and cost of production in the East African nation, noting that it was putting off investors.

KFC Chief Executive Jane Ngige said that this has been compounded by the entry of county governments which had doubled taxation adversely affecting farmers, making it more expensive to do business in the country.

Ngige said that they will relentlessly engage the national and county governments to seek ways of easing the burden of doing business in the country.

“We shall engage both governments to seek ways of eliminating the double taxation for the hardworking fraternity of breeders, propagators and other flower farmers,” she told journalists in Naivasha, about 90km northwest of Nairobi.

Ngige noted that though the sector was on a gradual rise, it faced various challenges which were affecting production and pointed out the accumulation and delay in paying VAT refunds to farmers and the frequent fluctuation of currencies.

Read more at News Ghana
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