Uasin Gishu: Cost of doing business rise as new laws take effect

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[photo file:Trade County Executive Philip Melly]

>Uasin Gishu County:Traders in Uasin Gishu County have been directed to pay new charges in line with new laws which were gazetted after the signing of the Finance Bill 2013/14.

Business operators will have to put up with high costs of doing business as new trade licence fees have been increased by 20 per cent while licences for outdoor advertisements have been increased by more than 30 per cent.

Those who operate general trade, wholesale and retail shops, mega stores, hypermarkets and large department stores with more than 100 employees will now pay a new licence fee of Kshs 51,000 annually in Eldoret town while at other market centers the licence will cost Kshs 24,000.

Traders, shops or retail services with more than 20 employees and premises measuring more than 300 square metres will pay Kshs 17,000 for licences in Eldoret town and Kshs 8,000 outside the town.

Street vendors, small traders, large-scale hawkers and service providers operating on temporary buildings will pay Kshs 4,500 annually while small informal traders such as shoe shiners, watch repairs, news vendors, those selling sweets, soda and cigarrettes will pay Kshs1,700 while those operating large transport companies with more than 30 vehicles will pay Kshs 68,000 in Eldoret town and Kshs 32,000 in other areas.

Operators of large petrol filling stations with more than six pumps or with a garage,workshop and retail shop will pay Kshs17,000 annually.

Uasin Gishu County Trade Minister Phillip Melly has however defended the increase in charges saying it was slight hence could not hurt businesses in the county.

Melly said charges for small-scale traders remained almost the same as those that were previously charged by Eldoret Municipal Council with the exception of a few areas.

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