The Kenya Revenue Authority (KRA) sees an untapped big tax collection base in the informal sector, which might lead to an increase in revenue collection. KRA...
The Treasury has taken efforts to close the gaps that allowed multinational firms to evade taxes through intercompany business dealings. The proposed new draft Income Tax...
After lowering the maximum depreciation rate from 70% to 65% of the vehicle’s value, the Kenya Revenue Authority (KRA) has struck importers of old cars with...
A Nairobi court on Wednesday ordered the arrest of Nakuru Senator Tabitha Karanja over the failure to attend proceedings for the hearing of her Sh14 billion...
Once new top tax bands proposed by the National Treasury take effect with the passage of the Finance Bill 2023, Kenya’s top earners who earn between...
President William Ruto’s social security plan, which includes increasing monthly contributions to the National Social Security Fund (NSSF), has moved one step closer to implementation after...
Following the suspension of operations in Kenya due to poor business, banknote printer De La Rue is laying off over 300 staff members as the international...
The High Court has ordered Safaricom and the central bank to halt the re-introduction of charges on transactions made between mobile money wallets and lenders pending the...
Kenya’s dollar-denominated debt hit 69.3 percent of the country’s external debt in October, exposing the taxpayers to higher financing costs due to the sharp depreciation of...
Analysts say a push by President William Ruto on capping local borrowing at 10 percent will distort market dynamics and drive away investors. Speaking at a...