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World Bank's 38% Tax Shake-Up, Q1 Bank Profits & Kenya’s Paycheck Pinch

World Bank's 38% Tax Shake-Up, Q1 Bank Profits & Kenya’s Paycheck Pinch

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In today’s Kenyan Market Daily, we unpack the World Bank’s proposed overhaul of Kenya’s income tax system, including a new 38% tax rate for top earners and relief for low-income workers. We also highlight the call to exempt low-wage earners from SHIF and housing levies. On the banking front, Absa, I&M, HF Group, and DTB post solid Q1 earnings, revealing key growth drivers and sector-wide resilience amid tough economic conditions.

Get expert-backed financial insight on policy trends, tax changes, and investment dynamics shaping Kenya’s economy.

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Courtesy: Business Daily

Follow us:
Website: www.kenyamarketplacedaily.wordpress.com
TikTok & Instagram: @kenyamarketdaily

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