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 Tribunal.

The technology firm, which has clients in financial services and healthcare in Kenya and other African nations, failed to provide additional documents to ward off KRA's demand relating to value-added tax (VAT), pay-as-you-earn (PAYE) and withholding taxes.

The taxman had slapped Seven Seas with the claim on August 27, 2020 for the period between 2015 and 2019.

The firm objected to the demand on September 22, 2020. KRA wrote back to Seven Seas on March 10, 2021, affirming its claim, which has now been backed by the tribunal although ...