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In San Francisco, Kenya's president woos American tech companies despite increasing taxes at home

  • 📰 AP
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Kenya’s president is wooing American tech companies, promising a business-friendly environment — even though he has raised taxes on businesses at home.

But critics say that his government’s newly imposed and also several proposed taxes will increase the cost of doing business in Kenya, including in the tech sector.

The government had projected it would rake in billions in the local currency, the Kenyan shilling, from the doubled digital services tax, but critics warned it would discourage tech investors.

 

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