Bolt reacts to new tax proposal in Kenya

Kenya's Parliament is currently deliberating the implementation of a 6 per cent Significant Economic Presence (SEP) tax as outlined in the Finance Bill of 2024. This particular tax is aimed at non-resident corporations engaging in commercial activities within Kenya's digital sphere. In response to this proposition, the ride-hailing enterprise, Bolt, has expressed apprehensions regarding the potential impact of this tax. Weyinmi Aghadiuno, Acting Head of Regulatory & Policy Africa, Bolt spoke to CNBC Africa for more.
Tue, 11 Jun 2024 15:38:28 GMT