{"id":13401,"date":"2024-02-22T11:34:47","date_gmt":"2024-02-22T11:34:47","guid":{"rendered":"https:\/\/www.getufm.co.ke\/?p=13401"},"modified":"2024-02-22T11:34:50","modified_gmt":"2024-02-22T11:34:50","slug":"president-william-ruto-assures-tycoons-and-stakeholders-that-his-administration-is-working-to-remove-taxes-on-materials-imported","status":"publish","type":"post","link":"https:\/\/www.getufm.co.ke\/?p=13401","title":{"rendered":"President William Ruto Assures Tycoons and Stakeholders That His Administration is working to Remove Taxes On Materials Imported."},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"185\" src=\"https:\/\/www.getufm.co.ke\/wp-content\/uploads\/2024\/02\/Untitled-18.jpg\" alt=\"\" class=\"wp-image-13402\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ruto added that the tax removal was aimed at improving the quality of the yield as well as boost the returns while lowering .<img loading=\"lazy\" decoding=\"async\" data-ils=\"4\" width=\"270\" height=\"180\" class=\"rg_i Q4LuWd\" src=\"https:\/\/encrypted-tbn0.gstatic.com\/images?q=tbn:ANd9GcSrqdvpy-H6tRX5FgDIpv1W4Atmj8Z9FVeU9w&amp;usqp=CAU\" alt=\"Kenya: William Ruto sworn in as president after divisive election\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Head of State was responding to a senator&#8217;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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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 <a href=\"https:\/\/www.kenyans.co.ke\/news\/85284-kenya-beats-china-all-other-countries-latest-ranking\">&#8216;reclaiming Kenya&#8217;s position as the best tea<\/a> worldwide.&#8217;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":13402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-13401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Kelvin Gituma\"\/>\n\t<meta name=\"google-site-verification\" content=\"iErbWWZbgqhFeFMPcqeU1bfB7LC_C_70GPQUr_BVDuA\" \/>\n\t<meta name=\"keywords\" content=\"business,news\" \/>\n\t<link rel=\"canonical\" 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11:29:26","updated":"2025-07-01 14:31:44","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.getufm.co.ke\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.getufm.co.ke\/?cat=3\" title=\"News\">News<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tPresident William Ruto Assures Tycoons and Stakeholders That His Administration is working to Remove Taxes On Materials Imported.\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.getufm.co.ke"},{"label":"News","link":"https:\/\/www.getufm.co.ke\/?cat=3"},{"label":"President William Ruto Assures Tycoons and Stakeholders That His Administration is working to Remove Taxes On Materials 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