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How Sri Lanka's Browns beat Sasini to Lipton Tea Kenya deal

Nairobi, May 8 -- Sri Lanka's Browns Investment Plc dangled a "community development and empowerment" card in the battle for Lipton Tea assets in Kenya, helping the multinational firm to beat Sasini t... Read More


Ola Kenya spared Sh943m 'no law' KRA tax

Nairobi, April 23 -- A High Court has rejected a Sh943.14 million tax claim by the Kenya Revenue Authority (KRA) against oil marketer, Libya Oil Kenya (presently Ola Kenya), saying it is 'not anchored... Read More


Standoff as community fights to buy Lipton Tea assets

Nairobi, April 19 -- Plans by European private equity group CVC Capital Partners to sell tea estates it purchased from Unilever in Kenya less than three years ago have run into headwinds as a consorti... Read More


KRA eyes tax-evading multinationals with new database

Nairobi, April 17 -- The Kenya Revenue Authority(KRA) plans to install a new transfer pricing database that will enable its agents to gather and compare transactions made by multinational firms to sea... Read More


Big firms buying Kenya's carbon credits revealed

Nairobi, April 16 -- Giant US companies top the list of global players snapping up deals in Kenya's nascent voluntary carbon market (VCM), a new report by the World Bank shows. These deals have resul... Read More