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Tuesday, October 19, 2021
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Uhuru delays response to Sh3.3 billion secret foreign wealth leak

President Uhuru Kenyatta says he will soon respond in detail to revelations that his family has hidden a fortune in excess of $30 million (Sh3.3 billion) in overseas tax havens. The Kenyattas are part of the global elite whose offshore financial dealings have been laid bare in a massive leak of documents to The International Consortium of Investigative Journalists (ICIJ). Use of secretive trusts and foundations in low-tax jurisdictions is often seen as an effort to hide ill-gotten wealth or avoid paying taxes.

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More pain at the pump as fuel prices shoot up again

Following the changes, Super petrol will from midnight Wednesday retail at Ksh118.11, Diesel Ksh 112.83 and Kerosene Ksh 111.83 in Nairobi According to the regulator,...