CNBC Africa: Kenya’s new tax initiative boosts revenue, attracts digital nomads
June 12, 2024
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The global shift towards remote work has seen many countries introduce remote visas and policies to accommodate digital nomads working across borders. Kenya is no exception—according to the Kenya Private Sector Alliance, approximately 2.4 million Kenyans are currently working in the country remotely.
In response, Kenya has unveiled plans for an innovative tax strategy aimed at remote workers, potentially leading to increased revenue and attracting digital nomads. Director Willys Mac’Olale joins CNBC Africa to analyse the potential impact of this policy shift on the nation’s economic terrain and its ability to attract international skilled professionals, exploring how the law will affect remote workers and the companies that hire them.
Watch the full interview here.
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