Tourism tops key sectors in bad debt rise

Tourists tour the Maasai Mara Game Reserve. FILE PHOTO | NMG

Gross non-performing loans in the tourism sector grew 11 percent to Sh7.8 billion in the quarter to June 2019 from Sh7 billion, the newly released quarterly economic review by the Central Bank of Kenya (CBK) shows.

The double-digit growth in the sector’s dud assets was the highest compared to the other 10 main sectors as classified by the regulator.

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