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Thursday’s Morning Brief – Nov 20

KRA releases guidelines on withholding tax The Kenya Revenue Authority has released guidelines for the collection of withholding VAT on payments made to government suppliers, which will be charged at 6% of the cost of supplied goods or services. Withholding VAT was reintroduced in the Finance Act 2014 […
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Nairobi Is Rich in Investment Potential – Google Chairman

Nairobi could be Africa’s leading country when it comes to technology. According to Google Chairman Eric Schmidt, the green city in the sun carries great investment potential and is therefore ripe for the plucking.
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