US steps up Kenya focus with fresh layer of investments

President Uhuru Kenyatta speaks during the America Chamber of Commerce Kenya Economic Summit at the United Nations Complex in Nairobi on June 28, 2018. Looking on is United States Under Secretary for International Trade at the United State Department of Commerce, Gilbert Kaplan. FILE PHOTO | NMG

Entries in the US business deal book in Kenya have in the past month increased rapidly, an indication of America’s renewed efforts to grow its financial and investment portfolio and influence in the East Africa nation amid intense rivalry from countries such as China.

On June 28, Kenyan officials led by President Uhuru Kenyatta witnessed deals worth Sh10 billion ($100 million) at a bilateral conference in Nairobi organised by the US Chamber of Commerce and attended by a 60-member American delegation led by the US Under-Secretary for Commerce, Gilbert Kaplan.

PAYE Tax Calculator

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