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Hostile tax laws worry EAC health investors

Dr Paul Mwaniki, KHF vice-chairman

By MARK OLOO

NAIROBI, KENYA: Investors in East Africa are warning that hostile tax laws will render the East Africa Community (EAC) bloc less attractive for local and direct foreign investments. They say harsh tax regimes, made worse by inefficient tendering and procurement processes, were hurting business in the member countries.

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