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KRA pounces on high-end barbershops, beauty parlours

Nairobi, Feb. 19 -- The Kenya Revenue Authority (KRA) is hunting down barbers, high-end beauty parlours and taxi drivers as it eyes a share of the billions of shillings changing hands in the informal ... Read More


Treasury settles Sh1.9bn Moi-era population control loan

Nairobi, Feb. 12 -- The Treasury has paid the last instalment of a Sh1.9 billion loan the government of the late President Daniel Moi took to help with the reduction of population growth. The payment... Read More


Banks start sharing customer data, balances with KRA

Nairobi, Feb. 9 -- Banks have started sharing information about foreign account holders with the Kenya Revenue Authority (KRA) as the taxman steps up its purge of tax dodgers and beneficiaries of illi... Read More


Seven Seas to pay KRA Sh900 million in taxes

Nairobi, Feb. 9 -- Seven Seas Technologies, headed by businessman Michael Macharia, will pay Kenya Revenue Authority (KRA) Sh900.4 million after losing a case against the agency at the Tax Appeals Tri... Read More


Kenya signs commercial contract to extend SGR to Uganda

Nairobi, Feb. 9 -- Kenya has signed the commercial contract for the construction of the next stretch of the standard gauge railway (SGR) from Naivasha to Malaba, the Treasury has revealed ahead of nex... Read More


What the slowing Chinese economy means for Kenya

Nairobi, Feb. 9 -- China is sneezing and Kenya, like the rest of the world, is catching a flu. A number of experts have warned that a slowdown in the Asian country's economy is likely to hurt Kenya's ... Read More


KRA loses its Sh2 billion tax claim in KPA kits buying deal

Nairobi, Feb. 7 -- The taxman has lost a Sh2 billion tax claim from the Kenya Ports Authority (KPA) over the procurement of some cargo handling equipment between 2018 and 2022. In a ruling delivered ... Read More


Distillers fury as Kenya lifts ban on export of molasses

Nairobi, Feb. 7 -- Kenya has ended the ban on the export of molasses even as the local distillers continue to pay a steep price for the raw material used to make alcohol citing shortage. Export of mo... Read More


Kenya to acquire 300 SGR wagons by end of February

Nairobi, Feb. 5 -- Kenya has received fifty new standard gauge railway (SGR) wagons that are aimed at boosting the transport of cargo on the Chinese-built line. The wagons, procured for the Madaraka ... Read More


Women-led firm fights for NSE Sh800bn bond trades

Nairobi, Feb. 5 -- A prominent female lawyer is the brains behind a new bond trading firm that has won a lucrative licence to take on the Nairobi Securities Exchange (NSE) for a share of the revenues ... Read More