Speaking on Thursday during the launch of the Lipton Tea Innovation and Technology Academy at State House, the Head of State noted that his administration was concluding the necessary approval before its rollout.
The president noted that the agreement, which was borne out of a meeting he held with Lipton company management in the Hague 10 months ago, was already included in the 2023/2024 Finance Act.
Ruto added that the tax removal was aimed at improving the quality of the yield as well as boost the returns while lowering .
The Head of State was responding to a senator’s question over the implementation of the directive promised when the Act took effect in July last year. The Senator in question manages three tea factories.
During his speech, Ruto noted that he approached Lipton management for the set-up of the academy aimed at boosting production of quality tea and ‘reclaiming Kenya’s position as the best tea worldwide.’
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