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Coca-Cola, EABL threaten to close shop over new Kenyan tax demand

Beverage companies Coca-Cola and EABL have threatened to close shop in Kenya if the Kenya Revenue Authority imposes a digital tax system that threatens their profits. The East African Community has postponed the signing of the EAC-EU trade pact, asking for more time for dialogue. Duncan Lumwamu, Senior Investment Analyst at Cytonn Investments joins CNBC Africa to discuss movements in the Kenyan market.
Fri, 09 Sep 2016 14:26:52 GMT