Mwalimu-G
Elder Lister
In 2022, Uganda attracted x2 & Ethiopia x5 of Kenya's FDI!
Ethiopia - $3.67B
Uganda - $1.53B
Tanzania - $1.11B
Kenya - $759M
Treasury blames high corporate tax rates which at 30% & 35% are higher than global & African avg of 23% & 29%. GoK plans to cut rates to 25% in 2024.