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The East African Community’s (EAC) real GDP growth rate expanded to 5.9% in 2011. All the countries except Uganda and Burundi experienced a slow-down in growth compared to 2010/11.
The EAC grappled with rising inflation on basic food commodities and price increases on essential imports such as oil. To find out more about the tax proposals and the specific measures, please take time to read through the KPMG Budget Briefs:
KPMG East Africa Limited, a Limited Liability Company and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved
KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.