Tourism Fund blames pandemic for Sh1.6bn fall in earnings



Business Daily | by Edwin Mutai


The Tourism Fund (TF) says its earnings from levies imposed on the hospitality industry slumped by Sh1.6 billion due to economic fallout from Covid-19 pandemic.

The TF told the National Assembly’s Public Investments Committee (PIC) that its earnings from the two percent levy on accommodation, food and drinks dropped from…

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