CAIRO MARRIOTT HOTEL & OMAR KHAYYAM CASINO 16 Saray El Gezira PO Box 33, Zamalek, Cairo T: (02) 2728 3000 F: (02) 2728 3001 www.cairomarriotthotel.com cairomarriottreservation@marriott.com Rooms: 1087 rooms, including 71 diplomatic suites, 28 executive suites, four ambassador suites, five presidential suites and two royal suites. Business...
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...
With more banks per head than other major African markets, Kenya is a world leader in mobile money technology. Opportunities beckon across East Africa and beyond, and capital can be raised swiftly to meet evolving regulatory requirements. Foreign banks still face stiff competition from home-grown contenders, but the scope for future growth...
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