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Tanzania has rightly legislated the excise tool Kenya threw away
Two neighbours in the same customs union, taxing the same excisable goods, have now arrived at opposite answers. It is worth asking which of them got the design right.
In September 2022, when the Commissioner General's inflation adjustment notice was circulating on social media and people were asking someone to explain it to them like they were two years old, I wrote a piece in the Business Daily attempting exactly that.
I explained why a specific rate of Sh10 collected today is worth less than Sh10 collected a year ago, and why indexing those rates is international best practice rather than an act of aggression.
