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    spicefmke
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    Kenyan Businessman's Cry: "Taxes Are Killing Our Businesses!"

    High Taxes Hamper Kenyan Businesses: A Businessman's Perspective Nairobi, Kenya – June 5, 2025 – Cornelius Chepsoi, a businessman in Kenya, recently spoke out about the challenges faced by businesses due to the country's high taxation rates. His interview on Spice FM highlighted the struggles of entrepreneurs trying to balance their financial obligations with the demands of running a successful business. "As a country, we have to come to the place where we ask ourselves, who does what? When the government taxes us for activities that we do, I don't wake up in the morning knowing that I am going to work so that I can pay taxes to the government," Chepsoi stated, emphasizing the burden placed on business owners. Chepsoi's concerns reflect a wider sentiment among Kenyan entrepreneurs. Many struggle to meet the increasing tax demands while simultaneously managing operating costs and ensuring employee welfare. The situation is further complicated by the complexities of the tax system itself. The interview underscores the need for a more balanced approach to taxation in Kenya, one that considers the needs of businesses and their crucial role in the nation's economy. A constructive dialogue between the government and the business community is essential to finding sustainable solutions that promote economic growth and stability.

    2 months ago
    KE
    Nairobi, Kenya
    interview
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