The Nairobi Securities Exchange yesterday closed with mixed reactions as investors continued to react to news that the Kenyan government had proposed more taxes on dividends and withholding tax on investors across board.
The NSE 20 Share index closed much further on what most analysts see as the journey to the 1700 basis points. Earlier in the week, the Exchange and other market players had written to the Treasury and the parliamentary finance committee informing them that these actions would heavily affect Kenya’s capital markets.
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