『Tax Cheats in the Crosshairs, Pension 7.1% Gains, and a Sh6B french Toll Road Blow – Kenya’s Fiscal Update』のカバーアート

Tax Cheats in the Crosshairs, Pension 7.1% Gains, and a Sh6B french Toll Road Blow – Kenya’s Fiscal Update

Tax Cheats in the Crosshairs, Pension 7.1% Gains, and a Sh6B french Toll Road Blow – Kenya’s Fiscal Update

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In today’s episode of Kenyan Market Daily, we break down Kenya’s latest fiscal maneuvers and market developments. The Treasury is targeting Sh177 billion from tax evaders in a bid to avoid new tax hikes, while Sasini posts a deepening loss due to a stronger shilling. Pension funds bounce back with a 7.1% return in Q1, and Kenya braces for a Sh6.2 billion payout to French contractors after cancelling the Nairobi-Nakuru-Mau Summit Toll Road deal. Meanwhile, steel manufacturers notch a win as local protection measures hold firm.

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Courtesy: Business Daily

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