The past two years have seen the Tunisian economy follow a gentle upward trajectory – one that falls short of the pace of expansion needed to reduce poverty and improve the revenue base, but that nonetheless exhibits a marked improvement over previous years.
Taxes constitute the largest source of government income and the Kenya Revenue Authority (KRA) is assigned the task of revenue collection. The country has experienced a boom in the construction sector over the last few years, but this has not led to a proportionate growth in tax revenue generated by rental income. Various measures have been...
Special Economic Zones (SEZs) are proliferating across the globe. Countries around the world are increasingly exploring the possibilities presented by SEZs and attempting to harness their potential to catalyse economic development and structural transformation.
Kenya has a broad taxation system covering income taxes, value-added tax (VAT) and Customs and excise duties. These are governed by independent legislation that make provisions for the charge, assessment and collection of the respective taxes.
In conjunction with EY, OBG explores the taxation system, examining Kenya’s investor-friendly environment.
It also features an interview with Gitahi Gachahi, CEO, EY Eastern Africa, on creating an enabling environment for foreign direct investment in Kenya.
Even amid a broader downturn in many African markets, Kenya has consistently been one of sub-Saharan Africa’s most reliable performers.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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