INTERVIEW: New Taxes On Trading At The NSE?
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INTERVIEW: New Taxes On Trading At The NSE?

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Added by Headlines Africa in Kenya


Kenya's budget for its next fiscal year is barely 48 hours away, and many are asking what tax changes - if any - should you expect? In 2015, the changes included the re-introduction of capital gains tax on listed equities. Those were only dropped a year later, after a long-running fight between the Kenya Revenue Authority and stockbrokers. Earlier on, Ramah Nyang spoke to Geoffrey Odundo the CEO of the Nairobi Securities Exchange. With the market a multi-year lows, and two new products just launched, he asked him if he expects any new taxes to hit the market this week.

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