Fact Checker: Tax exemptions do not add value to the economy CS Munya

Main entrance of EPZ Athi River. Most tax exemptions have become wasteful to the country. [Wilberforce Okiwiri, Standard]

How effective are tax exemptions in attracting Foreign Direct Investments (FDI)?

In a recent televised interview, Trade and Industry Cabinet Secretary Peter Munya said part of Kenya’s industrialisation strategy would involve offering tax incentives and holidays to attract foreign direct investment (FDI).