Kenya's railway levy to rise; but where does the money go?
Posted: 27 Jun 2019, 08:55
Kenya's railway levy to rise by 30pc; but where does the money go?
Kenya’s National Treasury aims to grow revenue from a levy whose collections and expenditure remain a mystery, even to the Auditor General.
The management and use of the Railway Development Levy Fund (RDL), which was launched in 2013 and is charged at 1.5 per cent on all imported finished goods to fund the construction and operations of the standard gauge railway, is shrouded in secrecy, never mind that currently, the Treasury is using ordinary revenues to do the same job...