Uber and Bolt Warn of Possible Exit from Kenya Due to Treasury Tax Plan

Ride-hailing giants Uber and Bolt have issued a warning about a potential exit from the Kenyan market if the Treasury’s new tax plan is implemented. The proposed tax changes could significantly impact their operations, making it challenging to continue providing affordable and efficient services to their customers. Both companies are urging the government to reconsider the tax proposal to ensure the sustainability of their operations in Kenya.

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