Corporate deals decrease to Sh6.8bn in first quarter

Value of corporate deals in Kenya fell by at least a fifth. Photo | Fotosearch

The disclosed value of corporate deals in Kenya fell by at least a fifth in the first four months of the year compared to a similar period last year, reflecting the tougher economic climate following an extended politicking season.

Data on African deals compiled by risk and research firm Stratlink shows only Sh6.9 billion ($69.4 million) were closed in the four months to April, compared to Sh8.8 billion ($88 million) in the same period last year.

PAYE Tax Calculator

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