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"id": 218039,
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"type": "speech",
"speaker_name": "Mr. Kimunya",
"speaker_title": "The Minister for Finance",
"speaker": {
"id": 174,
"legal_name": "Amos Muhinga Kimunya",
"slug": "amos-kimunya"
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"content": "I also propose to zero-rate pyrethrum extracts in order to encourage the manufacture of insecticides using local pyrethrum extracts and also to bring it in line with other imported raw materials for insecticides which are currently zero-rated. Mr. Speaker, Sir, last year, I reviewed the Export Duty on local hides and skins upwards to 20 per cent or Kshs10 per kilo in order to encourage local value-addition and ensure availability of raw materials for the local tanneries and to create employment. In order to give further impetus to value-addition in this important sector and to encourage the now evident growth and return of the tanneries, I am proposing to increase the Export Duty on raw hides and skins to 40 per cent or to Kshs20 per kilogramme. Environmental conservation is a central pillar of sustainable development. Partly to protect the environment from further degradation, I propose to impose an Excise Duty of 120 per cent on plastic bags."
}