[Elvis Ogina, Standard]Kenyans hoping to lighten their environmental footprint might face a heavier financial burden thanks to a proposed ="https://www.standardmedia.co.ke/testbed/sports/business/article/2001494944/queries-over-mckinsey-contract-in-kenyas-e-mobility-transition">Eco Levy< tucked away in the new Finance Bill Draft. The proposed bill targets a wide range of everyday items, raising concerns about affordability, experts said. New phones, whether basic or smartphones, could be slapped with a Sh225 levy, making communication more expensive under the new bill. Beyond the immediate financial impact, the levy might have unintended consequences, experts warn. For instance, Kenyans looking to upgrade to more energy-efficient electronics, like monitors and projectors, could be discouraged by the Sh1,275 levy.

Source: Daily Nation May 18, 2024 21:33 UTC