Revenue | The East African Business Mirror
Sunday, June 26, 2022
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Amica Sacco bets on new mobile app to hit Sh1.2bn in...

Amica Sacco CEO James Mbui and chairperson Nelson Muchiri. Amica Savings and Credit is banking...

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.

President Uhuru Kenyatta responds to Pandora Papers leak

President Uhuru Kenyatta has responded to the revelations of the hidden wealth of billionaires and heads of governments in a report published...

KRA denies keeping public in dark over 31 goods tax rise...

The Kenya Revenue Authourity (KRA) has denied claims that its decision to increase excise duty on at least 31 goods was made...

Kenya Power seeks more debt collectors

Kenya Power  is seeking to hire four debt collectors this year in the latest bid to tame defaulters holding billions of shillings.

Kenyan tea still accessing Afghanistan despite Taliban takeover

The Taliban takeover of Afghanistan is yet to hit the export of tea to that country as most of the commodity is...

KRA to hire 6,600 in war against tax cheats

The taxman plans to hire 6,604 more officers in three years in a bid to raise nearly Sh1 trillion additional revenue through...

KRA retains already paid minimum tax as credit

The Kenya Revenue Authority (KRA) has said it will ill retain already paid minimum tax as a credit in taxpayers iTax ledger...

Mt. Kenya Region SACCOs Claim Taxes Are Hurting Operations

NYERI, Kenya, Aug 17 – Agriculture and business based Savings and Credit Co-operatives (SACCOs) in Mount Kenya region want the government through their regulatory...

Counties in Kenya to remain deprived of funds as Senate adjourns

County governments will wait longer to receive their share of the Sh316.5 billion after senators voted to adjourn debate on the approval...

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