Business Daily | by Brian Ngugi
Kenya’s top business lobby Wednesday called on the State to unveil an emergency stimulus package and tax cuts to cushion the economy from the new lockdown following a spike in Covid-19 cases.
The Kenya National Chamber of Commerce and Industry (KNCCI) petitioned for emergency relief measures for the worst-hit industries, such as the entertainment, hospitality, and transportation sectors.
The business lobby is pushing for a reduction of fuel taxes, lowering the value-added tax (VAT) rate from 16 per cent to 14 per cent and eliminating minimum tax…
