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Kenya budget 2017: Tax outlook

Kenya's national treasury raised the tax revenue bar by 8.7 per cent to about 1.5 trillion shillings in the 2016/17 financial year, but the Kenya Revenue Authority failed to meet the first half target by upwards of 20 billion shillings. The consistent failure by the taxman to meet revenue collection targets raises questions on the effectiveness of government's taxation strategies, even as it announces a 2.275 trillion shillings budget on March 30th. Joining CNBC Africa for more is Grace Mulinge, Associate Director at Ernst & Young.
Wed, 29 Mar 2017 10:04:25 GMT