Kenyan businesses could soon be allowed to use their pending Value Added Tax (VAT) refunds to pay off other tax obligations if a proposal presented to President William Ruto is …
ECP Kenya Limited, a Nairobi-based investment firm affiliated with Washington-headquartered Emerging Capital Partners (ECP), has filed for voluntary liquidation, officially ending its operations in Kenya. The company, once famous for …
Kenya Revenue Authority (KRA) employees face sacking and possible prosecution in a fresh corruption fight at the Times Tower aimed at rooting out rogue officials for defrauding the exchequer hundreds …
The Government is seeking to expand tax collection by taxing every Kenyan with an ID card. President William Ruto said every Kenyan above 18-years should be issued with the Kenya …
The taxman projects that the recent increases in excise duty as a result of inflation adjustments will net an additional Sh3 billion in revenues, even as manufacturers brace for lower …
The government is betting on the Kenya Revenue Authority (KRA) to collect Sh3trillion by the end of the year to fund the country’s development budget. Speaking during a meeting in …
Wealthy households and firms have lost Sh145.39 billion in tax benefits after the taxman cut back on incentives in the five years to 2021, new Treasury data has shown. These …
Kenyan firms in the export business are facing new pricing pressure as their products continued to lose a competitive edge over increasing costs of production. The latest pain point for …
The Bar Hotels Liquor Traders Association of Kenya (BAHLITA) has urged the government not to increase the excise duty on alcoholic drinks as this will further cripple the sector that …
The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that …