A tax, economic review of Kenya’s 2020/21 budget

PUBLISHED: Thu, 18 Jun 2020 10:44:41 GMT


The budget statement for the fiscal year 2020/21 was made at a time when the country is facing extreme economic challenges due to the current global pandemic and the need to balance between generation of revenue and stimulating the economy to safeguard businesses for a smooth path towards economic recovery is necessary. In a bid to increase the tax revenues, the Kenyan government announced some tax related changes. Rodney Omukhulu, Assistant Investment Analyst, Cytonn joins CNBC Africa for more….

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.