The President William Ruto-led government has stirred controversy by granting a duty exemption to billionaire Narendra Raval for importing equipment for his Ksh 11 billion steel plant in Taita-Taveta County.
This move comes as ordinary Kenyans face escalating taxes, sparking widespread criticism over perceived preferential treatment for the wealthy elite.
President William Ruto speaking during a State House meeting. Photo: William Ruto Source: Facebook
The exemption benefits Raval’s Devki Group, which aims to establish a state-of-the-art steel factory at Manga Hill, near Voi. The project promises job creation and industrial growth, aligning with the government’s agenda to position Taita-Taveta as a hub for mining and value addition.
Former Mining and Blue Economy Cabinet Secretary Salim Mvurya highlighted the economic potential of the plant, calling it a significant step towards national development.
However, critics argue that such waivers undermine public trust, especially as President William Ruto’s administration faces mounting backlash over its tax policies.
Many Kenyans are questioning why billionaire tycoons like Raval enjoy exemptions while the majority struggle to cope with a high cost of living and heavy taxation.
DevKi group boss Narendra Raval during a past JKL interview
This development adds to the ongoing debate about economic inequality in Kenya and the need for policies that balance industrial progress with public welfare. Whether the steel plant’s long-term benefits can offset the current discontent remains a critical question for Ruto’s administration.
That aside, Kenyans of late have been differing with the govt and the camp of Pres William Ruto over concerns that collected taxes in most cases end up to the pockets of some proble.
Several govt officials have bene put on the spot over luxurious living, unnecessary expenditure alongside other vices.
