Kenya sees decline in tax revenues due to COVID-19

Kenya’s total tax receipts in the first month of the financial year fell by 12 per cent, reflecting an environment of depressed economic activity. Kenya Revenue Authority collected about $876 million in taxes in July compared with about $995 million a year earlier, the lowest receipts since 2017. Churchill Ogutu, Head of Research at Genghis Capital spoke to CNBC Africa for more.

Tue, 25 Aug 2020 14:42:24 GMT
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