Kenya’s quick tax gains that hurt economy

Times Tower, the headquarters of the KRA, in Nairobi. FILE PHOTO | NMG

With so much fanfare as 40 of our African heads of State last month signed up to launch the world’s largest free trade area since the World Trade Organisation, there was a definite air, for some moments there, around the feeling that free trade might be a good thing.

Here, in Kenya, ministers explained that Africa’s Continental Free Trade Area (CFTA) would be a boon to small businesses.

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Note: The results are not exact but very close to the actual.