Kenya could raise over $781 million (Ksh100.75 billion) nearly a third of Treasury’s target in the rejected finance bill, by taxing high networth individuals (HNWIs) in the country. A new report by National Taxpayers Association (NTA) dubbed “Taxing Wealth in Kenya” shows that Kenya’s high network individuals would finance various ministries and state departments offering…...
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Report: Wealth tax could offer Kenya at least $781 million
William Ruto, president of Kenya ©DR
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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