ETIQUETTE: Work meetings begin with an exchange of greetings and a handshake. As is common throughout the region, personal relationships and networking are crucial for business interactions, and it is common to open a meeting by engaging in a casual discussion about health, family and travel. The...
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Alongside its high degree of political stability and favourable economic climate, Kenya’s modernised legal system is a factor in its ranking in the World Bank’s “Doing Business 2018” report, in which it placed third in sub-Saharan Africa – after Mauritius (25th) and Rwanda (41st) – and 80th globally.
In mid-June 2018 the cabinet secretary of the National Treasury unveiled a comprehensive raft of tax administration measures tailored towards financing the government’s KSh3trn ($29.4bn) budget for FY 2018/19. Some of the measures were a reiteration of proposals envisaged in the Income Tax Bill, 2018, the Tax Laws (Amendment) Bill of that same...
Kenya has a broad taxation system covering income tax, value-added tax (VAT), and Customs and excise duties. These are governed by independent legislation that establish provisions for the charge, assessment and collection of the respective taxes. The Kenya Revenue Authority (KRA) employs different divisions that deal with the three areas,...
The current administration has placed an increased emphasis on Kenya’s health care sector. Given that the country has one of the youngest populations in the world by average age, Kenya is aware that investment in social services will be a key component of supporting the Kenya Vision 2030 goals of transforming into a middle-income country. The...
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