Tag: churchill ogutu

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.

Kenya’s Central Bank maintains key repo rate at 7%

In what feels like a race against time, Kenya parliament's budgets appropriations committee approved the third supplementary budget on Friday for the financial year ending tomorrow, why so late and what are the implications of the latest changes? Churchill Ogutu, Head of Research at Genghis Capital joins CNBC Africa for more.
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