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New Kenyan law to ease revenue payments set for next year

New Kenyan law to ease revenue payments set for next year Kenyans will have to wait for at least a year to have a new Income Tax Act. The new Act is intended to, among other things, simplify payments to the revenue authority, remove exemptions and broaden the tax…
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Treasury to raise domestic debt by 75pc next year

Treasury to raise domestic debt by 75pc next year Kenya’s domestic borrowing is projected to rise by 75 per cent to Sh208 billion in the next financial year compared to the current year, energizing the fixed-income market but also raising the spectre of even higher interest rates. The National Treasury…
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