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Treasury gazettes procedures to govern assembly of boda bodas

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The boda boda industry is anticipating the creation of 4000 jobs by December 2020 after national treasury cabinet secretary Ukur Yattani gazetted tax procedures on unassembled motorcycles that will incentivize assemblers to use locally manufactured parts. Which means, traditional spare part markets such as China, Japan and India could take a hit as local manufacturers take advantage of the new demand for local parts by assemblers.

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