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…...
Trending
- United States: Donald Trump criticized after announcement of a $10 billion commission in TikTok deal
- [Amazon] Nabou Fall’s Editorial
- Guinea’s outlook raised by S&P, sovereign rating confirmed at B+
- Strait of Hormuz: George Prokopiou, a worthy heir to the legendary Aristotle Onassis
- Race for the UN: Strategic duel between Macky Sall and Michelle Bachelet to succeed António Guterres
- The paradox of cash in Guinea: why 94% of banknotes outside the banking system still leave the informal economy high and dry
- Senegal: Facing Sonko, cement manufacturers present the numbers – 600 billion invested and 10,000 jobs claimed
- BRVM: the FCTC “Keur Samba NSIA Banque Benin” enters the stock market with 44 billion CFA francs
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.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com