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Microlenders are calling on the government to relook the country’s taxation regime to aid Micro and Small Medium Enterprises weather the effects of the Covid-19 Pandemic.
Chief executive of Microlending firm, Jijenge Credit Peter Macharia is urging relevant authorities including the National Treasury and the Central Bank of Kenya to re-look at the country’s taxation structure to rescue the sector.
“The tax regime is currently not favourable more so for the micro small and medium enterprises (MSMEs) owing to the effect of Covid-19,” said Macharia in an interview.
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