Opinion: Exempt start-ups from a chain of painful taxes – Steve Biko

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Business Daily | by Steve Biko


A young Kenyan entrepreneur recently went on Facebook to vent, and rightly so, about how hard it is to make an honest living especially as a startup.

Faith Mutembei, the founder of Mountain Brooke brand of water, tearily narrated how taxes broke her water venture in infancy.

Ms Mutembei narrated how her startup had to pay onerous charges to the Kenya Revenue Authority (KRA), Kenya Bureau of Standards, and county levies.

While Kenyans should appreciate that the government has a duty to ensure that some sensitive products such as foodstuffs are processed using high standards, the worry is the burden companies carry.

Ms Mutembei’s case is anecdotal evidence that Kenya’s status as a melting pot for entrepreneurial excellence is in jeopardy.

But where did we go wrong?…

Read more…


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