Mastermind Tobacco is yet to raise the prices of its cigarettes even as BAT Kenya #ticker:BAT increased prices of nearly all its products by up to Sh15 per pack earlier this month citing higher taxes.
A spot check by the Business Daily in Nairobi revealed that Mastermind’s Rocket brand is still retailing at Sh90 per pack despite the Finance Act 2019 raising the excise duty charged on cigarettes by 14.1 percent effective last November.
