@TheStar

State could waive some taxes to help women invest

7 months ago, 9 Mar 07:15

By: Susan Muhindi @mu ...

The government is considering waiving taxes in key economic sectors to empower women. During the launch of First Lady Margaret Kenyatta’s Strategic Framework 2018-2022 at State House yesterday, Public Service CS Margaret Kobia said her ministry will work to implement incentives that will enable more women to invest and compete in large enterprises including manufacturing, infrastructure, transport and mining.  These areas have a high growth potential but remain unexploited. The ministry will also invest in education and training in the informal sector to improve productivity, business innovation and make the growth and expansion of businesses sustainable. “We need to focus on innovative interventions and information sharing, for leadership and decision making for women and girls.  Providing opportunities that keep girls in schools and universities is a major part of the solution,” Kobia said.          
Read More


Category: business news

Suggested

9 hours ago, 23:50
@TheStar - By: Cynthia Ilako @la ...
Bond sales pick up after rate cap wait

Fund managers are likely to increase investment in Treasury Bonds as long as the law capping interest rates on commercial loans is in place. Over the year, investors have been reluctant to inject mone ...

Category: topnews news business
9 hours ago, 00:08
@StandardMedia - By: Otiato Guguyu
Investors shun State bonds on poor returns

Holders more inclined to short-term papers as uncertainty over new tax measures and proposed budget cuts also serve to whittle down interest. ...

Category: business news
9 hours ago, 00:07
@StandardMedia - By: Otiato Guguyu
Land fraud puts off investor firms

Foreign firms have to pay more to carry out due diligence on Kenya’s land documents and this has dampened their desire to invest in their own offices. ...

Category: topnews news business
9 hours ago, 00:10
@StandardMedia - By: Moses Michira
Uhuru's dilemma in the face of overburdened Kenyans?

A key plank in his re-election pledge was lowering the cost of living for Kenyans, but the new taxes mean the exact opposite. ...

Category: business news
9 hours ago, 00:08
@StandardMedia - By: Macharia Kamau
MPs vow to retain interest rates cap

In fact, Finance Committee wants the charges on loans to be reduced further. ...

Category: business news
15 hours ago, 17:32
@BusinessDaily - By: Victor Juma
RMA books Sh550m from Land Rover franchise sale

Thailand-based RMA Group earned Sh550 million from the recent sale of its Jaguar Land Rover (JLR) franchise in Kenya to London-based Inchcape Plc. ...

Category: business corporate news opinion

@TheStar

State could waive some taxes to help women invest

7 months ago, 9 Mar 07:15

By: Susan Muhindi @mu ...
The government is considering waiving taxes in key economic sectors to empower women. During the launch of First Lady Margaret Kenyatta’s Strategic Framework 2018-2022 at State House yesterday, Public Service CS Margaret Kobia said her ministry will work to implement incentives that will enable more women to invest and compete in large enterprises including manufacturing, infrastructure, transport and mining.  These areas have a high growth potential but remain unexploited. The ministry will also invest in education and training in the informal sector to improve productivity, business innovation and make the growth and expansion of businesses sustainable. “We need to focus on innovative interventions and information sharing, for leadership and decision making for women and girls.  Providing opportunities that keep girls in schools and universities is a major part of the solution,” Kobia said.          
Read More

Category: business news

Suggested

9 hours ago, 23:50
@TheStar - By: Cynthia Ilako @la ...
Bond sales pick up after rate cap wait

Fund managers are likely to increase investment in Treasury Bonds as long as the law capping interest rates on commercial loans is in place. Over the year, investors have been reluctant to inject mone ...

Category: topnews news business
9 hours ago, 00:08
@StandardMedia - By: Otiato Guguyu
Investors shun State bonds on poor returns

Holders more inclined to short-term papers as uncertainty over new tax measures and proposed budget cuts also serve to whittle down interest. ...

Category: business news
9 hours ago, 00:07
@StandardMedia - By: Otiato Guguyu
Land fraud puts off investor firms

Foreign firms have to pay more to carry out due diligence on Kenya’s land documents and this has dampened their desire to invest in their own offices. ...

Category: topnews news business
9 hours ago, 00:10
@StandardMedia - By: Moses Michira
Uhuru's dilemma in the face of overburdened Kenyans?

A key plank in his re-election pledge was lowering the cost of living for Kenyans, but the new taxes mean the exact opposite. ...

Category: business news
9 hours ago, 00:08
@StandardMedia - By: Macharia Kamau
MPs vow to retain interest rates cap

In fact, Finance Committee wants the charges on loans to be reduced further. ...

Category: business news
15 hours ago, 17:32
@BusinessDaily - By: Victor Juma
RMA books Sh550m from Land Rover franchise sale

Thailand-based RMA Group earned Sh550 million from the recent sale of its Jaguar Land Rover (JLR) franchise in Kenya to London-based Inchcape Plc. ...

Category: business corporate news opinion
Our App