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Kenya flower industry resilient despite high taxes

Double taxation is discouraging new investors eyeing the flower industry, making many growers venture into Ethiopia where the cost of production has been reduced, Kenya Flower Council has said.

Despite the higher costs due to the multiplicity and duplication of taxes by the county governments, KFC said, no grower has fully relocated to Ethiopia. Kenya therefore, KFC added, can redeem itself and save the sector from a slump.

KFC chief executive Jane Ngige yesterday said the five major investors who are alleged to have relocated to Ethiopia, Uganda and Zimbabwe late last year still have active operations in the country.

"These investors did not close their operations here. They only expanded to countries which have growth prospects," she said in a media briefing, flanked by officials from Brand Kenya, Horticulture Crops Directorate, Kenya Plant Health Inspectorate Services and the International Floriculture Trade Expo.

Click here to read the complete article at www.the-star.co.ke.
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