The World Bank has advised Kenya to increase consumption taxes such as VAT and excise duty…
Tag: Tax
KRA Becomes Involuntary Banker as Corporates Struggle to Stay Afloat
The Kenya Revenue Authority (KRA) has emerged as an unexpected lender of last resort, with financially…
Moses Kuria Rejects CRSP Proposal in Finance Bill 2025
Senior economic advisor to the president, Moses Kuria, has publicly rejected a contentious proposal within the…
KRA Makes Effort to Combat Corruption Within Agency
Kenya Revenue Authority(KRA), dismissed 19 of its workers in the second quarter ending December 2024. This…
Kenya Betting Tax Skyrockets to 15%
Kenya has increased the excise tax on betting stakes from 12.5% to 15% under the Tax…
Raila Odinga Disapproves President Ruto’s ‘High’ Taxes
Calls for Fiscal Changes to Ease Kenyan Economic Challenges In a recent address, Azimio La Umoja…
From Flashy to Humble: Mike Sonko’s Unexpected Transformation
Once known for his extravagant lifestyle and a fleet of luxurious cars, former Nairobi governor Mike…
Former Senator Muthama Criticizes Raila’s Call for Tax Boycott
Parliamentary Service Commissioner Johnson Muthama has strongly criticized Raila Odinga, the leader of the Azimio la…
Equity Bank Kenya Loses Sh1.16 Billion Tax Dispute
Equity Bank Kenya has been ordered to pay Sh1.16 billion in a tax dispute related to…
MPs Face Decision on Controversial Financial Bill Amid Economic Struggles
Members of Parliament (MPs) are being called upon to support the public during these challenging times.…