Illicit cigarette trade costs Kenya Sh47bn in lost tax revenue, study finds

Research estimates the lost revenue could have funded construction of affordable houses, subsidised fertiliser or maize purchases.

Green maize plants under a blue sky with white clouds
Illustrative image, not from this event. ClickerHappy / Pixabay (Pixabay License (free commercial)) · Source

According to Capital FM, a study has found that illicit cigarette trade costs Kenya Sh47 billion in lost tax revenue.

The research estimates that the lost revenue could have funded key government programmes, Capital FM reports.

According to the study, the amount could have constructed approximately 48,000 affordable houses, purchased 19 million bags of subsidised fertiliser, or bought 12 million bags of maize.

Source: Capital FM