Browsing: Diageo plc

The Kenyan government is considering a $15.4million financing option for smallholder tea farmers across the country to help them diversify tea production in Kenya with production of orthodox tea.

The Kenya National Chambers of Commerce and Industries(KNCCI) has raised concerns over mishandling of investors in the ongoing crackdown on tax evaders.

KNCCI President Richard Ngatia on Monday criticized the manner in which the operation is being conducted.

He has called on the government and the Kenya Revenue Authority(KRA)to look for compassionate ways of engaging the business persons suspected of evading taxes payment, rather than treating them in a way that will cause their businesses to shut down.

Ngatia who was accompanied by KNCCI Embu chairman John Mugo among others said if business persons suspected to have defaulted in revenue payment are treated harshly, they will close down.

This, he said, will have several implications including job and revenue losses by the government.

There are ways that you can negotiate with them, there are ways that you can have payment plans with them, and there are ways you can