Ghanaian tech firm mPharma paid the Kenyan Government Sh30.2 million in taxes between January-October 2022 period.
In Africa, the firm came third in terms of its tax contribution after Ghana with Sh118.8 million and Nigeria Sh 114.7 million.
Others include Zambia Sh29.4 million, Uganda Sh12.7 million, Rwanda Sh9.3 million, and Malawi Sh1.5 million.
mPharma startup bought Kenya’s second-largest pharmacy chain, Haltons for Sh 500 million in March 2019, after which it took over management of the pharmaceutical’s 20 stores in Nairobi and Mombasa.
The company’s founder in October added that plans were underway to open extra six-outlets to reach 23.
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mPharma’s system is now used by 850 pharmacies and drug stores in nine-countries such as Ghana, Zambia, Zimbabwe, among others.
It also partners with 155 hospitals and 2 million patients.
Early this year, mPharma raised Sh4.3 billion ($35 million) to build a network of community hospitals in Africa.
“We are hiring over 100 engineers to build all our technology in-house and this includes a massive data infrastructure we are creating. We are also investing in other skilled talent like doctors and nurses, professionals that are critical in the work we do,”
“Bloom, our pharmacy management software, will allow us to build structured population health data sets that enable Mutti pharmacies to provide better care pathways to the community they serve,” mPharma co-founder and CEO Gregory Rockson told TechCrunch.
Its main work is to help pharmacies manage their stocks.