Law proposing making Nairobi tax haven for firms stirs up storm

Jubilee Parliamentary majority leader Aden Duale addresses the Press at the Party's headquarters to comment on the recent ODM Party leader's Raila Odinga's recent remarks on the IEBC use of technology in 2017poll Nairobi 18/12/16 PHOTO MOSES OMUSULA

A proposed law could make Nairobi a tax haven for rogue firms, according to civil society groups opposed to the creation of an international financial hub in the capital.

The Nairobi International Financial Centre (NIFC) Bill, introduced by Leader of Majority Aden Duale this month, proposes unspecified incentives and autonomy for firms that will take advantage of the proposed financial hub.