John Wachiuri, 44, is the Chief risk officer at Family Bank Limited, Kenya.
The father of four holds an MBA in Finance from United States International University-Africa (USIU). Wachiuri is also a Certified Public Accountant, Certified Internal Auditor, and Certified Information System Auditor.
Exempt start-ups from a chain of painful taxes
Thursday December 17 2020
By STEVE BIKO
Summary
Government should spare small companies from onerous taxes and allow them to thrive. Once we fatten these calves, we can then comfortably milk the cow once it matures.
A young Kenyan entrepreneur recently went on Facebook to vent, and rightly so, about how hard it is to make an honest living especially as a startup.
Faith Mutembei, the founder of Mountain Brooke brand of water, tearily narrated how taxes broke her water venture in infancy.
Ms Mutembei narrated how her startup had to pay onerous charges to the Kenya Revenue Authority (KRA), Kenya Bureau of Standards, and county levies.