Kenyan banks contributed $1.51 billion to Treasury in 2024, according to tax contribution report

Kenyan banks contributed $1.51 billion to Treasury in 2024, according to tax contribution report

The report further examined how banks distribute value to their key stakeholders where in 2024, the government received the largest portion at 54.95 per cent via taxes, followed by employees at 25.62 per cent through salaries and benefits and shareholders at 19.44 per cent through dividends.

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