Taxes weigh in on Co-op Bank H1 net profit

NAIROBI, Kenya, Aug 13 – The Co-operative Bank group has posted a net profit of Sh4.7 billion in the first half of 2014, which is similar to the figure registered for the same period 2013. This is attributed to an increase in tax remitted this year (Sh2.04 billion) compared to Sh1.16 billion paid last year. […]

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