Kibaki Praised for Fuel Tax Order.

Byline: Lucas Barasa

The Kenya Association of Manufacturers (Kam) has welcomed President Kibaki's intervention to end the energy crisis threatening to cripple the economy.

"The fact that the President decided to step in shows his commitment to alleviating the suffering of Kenyans while ensuring that the country remains competitive in the global market," it said in a statement.

Shot in arm

The directive to remove Value Added Tax on bulk fuel used for power generation, it said, is a shot in the arm especially for the manufacturing sector, which is considered the engine of Kenya's economic growth.

"The fact that this directive will …