Kenya

Displaying 259 - 264 of 514

 

Mobile technology is increasingly being used to improve smallholder farming across Kenya, as it holds considerable potential to improve operations, reduce weather-related and post-harvest losses, and offers an efficient and transparent means to distribute millions of tonnes of state-subsidised equipment and supplies. Both public and private...

 

Agriculture remains Kenya’s apex sector and largest contributor to both GDP and economic growth, even as the government intensifies development in utilities, energy, mining, construction and manufacturing. A critical source of employment and the country’s largest export earner, the sector has witnessed notable improvements in mechanisation,...

 

Kenya has a broad taxation system covering income taxes, value-added tax (VAT) and Customs and excise duty. These are governed by independent legislations that make provisions for the charge, assessment and collection of the respective taxes. The Kenya Revenue Authority (KRA) has different sections that deal with the above taxes and have...

 

A modern tax framework should make tax systems, processes, methods and laws more convenient to all taxpayers. In the 21st century, modernisation through IT platforms has reduced the number of inconveniences faced by taxpayers in the past.

 

Compared to other African countries, Kenya has a crowded banking sector. In June 2015, in a country of 43m people, there were 43 commercial banks. The top 10 banks take 70% of the market. There are also 12 microfinance banks, eight representative offices of foreign banks, 86 foreign-exchange bureaus, 14 money-remittance providers, three credit...

 

Nowhere is the ability of Kenyans to turn technology to commercial use better illustrated than in mobile banking. They use their phones to pay for goods and bills, make deposits and withdraw cash from agents, buy insurance, for public transport and to transfer to relatives. According to the Central Bank of Kenya (CBK), the value of...

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