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Kenya's high taxes are a disincentive to startups — Quartz Africa - Vimarsana News

Kenya's high taxes are a disincentive to startups — Quartz Africa

Published: August 30, 2022

Yu told Quartz that he found Zanzibar’s fiscal policies more supportive to his expansion plan across Africa, and he left Nairobi because heavy taxes translate to lower profit margins for Wasoko.

Source: qz.com
Related Topics:
Nairobi AreaUnited Arab EmiratesZanzibar Urban WestMucai KunyihaMudrick SoragaWasoko Daniel YuKenya Association Of ManufacturersKenya Revenue AuthorityFinance ActWasoko Innovation HubKenya AssociationSilicon ZanzibarFree Economic ZoneCapital Gains TaxValue Added TaxDaniel Yu
Retail start-up Wasoko to invest Sh2bn in Kenya - Vimarsana News

Retail start-up Wasoko to invest Sh2bn in Kenya

Published: March 16, 2022

Retail tech start-up Wasoko, formerly known as Sokowatch, will invest at least $20 million (Sh2.29 billion) in Kenya to provide more small shop owners with fast-moving consumer goods.

Source: businessdailyafrica.com
Related Topics:
Coted IvoireIvory CoastAndrew SugrueSujeet KumarWasoko Daniel YuBusiness DailyTiger GlobalAvenir Growth CapitalBinny BansalQuona CapitalWest AfricanGrowth Capital Founding Partner Andrew SugrueWasoko Ceo