Kenya to increase cash threshold for foreign investors

nairobi city county
[Image source: African Arguments | Credit: Nina R.]


Business Daily | by Constant Munda


Kenya has lined up drastic changes to its investment promotion law in a bid to seal loopholes exploited by foreigners to compete with local small traders and commit crimes such as money laundering.

Interior Cabinet Secretary Fred Matiang’i says the ministry will be seeking parliamentary approval of amendments to…

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