Water prices set to rise by Ksh. 7 per litre

Kenyans are set for tough times ahead following the move by the taxman to impose Excisable Goods Management System (EGMS) stamp that will increase water prices by up to Ksh. 100 per 20m litre refil The Water Bottlers Association of Kenya (WBAK) pointed out that the price of bottled water is expected to increase by an average Ksh.7 per litre as the Kenya Revenue Authority (KRA) moves to implement new excise taxes on the non-alcoholic beverage from Wednesday next week. WBAK chairperson Henry Kabogo said the new excise tax will…