Revealed: The Treasury’s private sector cash cows

The National Treasury building in Nairobi on Sunday, May 24, 2020. PHOTO | DENNIS ONSONGO | NMG

Seven large firms contributed in excess of Sh300 billion to the National Treasury in taxes, duties and licence fees in the past year, underlining their strategic importance to the economy.

This is the equivalent of 15 percent of the Sh2.03 trillion in revenue that the government collected in the fiscal year ended June 2022.

PAYE Tax Calculator

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