Browsing: Kenya Revenue Authority (KRA)

Legal ruling favors Kenya Ports Authority (KPA) and Kenya Revenue Authority (KRA), allowing clearance of Sh145 million consignment despite ownership…

Kenya’s distressed debt levels are pushing the country in a tight spot following years of successive borrowing, the Institute of…

Kenyan Shilling, which has been on a free-fall against the Dollar since mid-last year, fell to a record-low of 162…

Shipping agents are not allowing cargo to Kenya as they avoid having goods getting stuck at points of entry, says…

 In Kenya, mining yields high-grade quantities of gold, copper, ilmenite and tantalum. Kenya is an important source of non-metallic minerals…

The East African region has a long history of cooperation stretching back to 1900 when a Single Customs Collection point was established at Mombasa. Still, Non-Tariff Barriers remain a challenge to trade. The first instance of regional integration dates back to 1917 between Uganda and Kenya.

Kenyan manufacturers have raised concerns over several proposals in the Finance Bill 2023. The country looks forward to the next financial year’s budget that the treasury cabinet secretary will table in June. The country’s National Treasury has proposed several new tax measures. Under these measures, the public and private sectors will cough more taxes to fund the 2023/24 budget.

In Kenya, fuel is set to cost more once the taxman effects 16 percent VAT from the current 8 percent,…

The country is considered East Africa’s strongest economy. It is among countries facing a huge challenge of illicit trade, estimated…

KRA started the new financial year on an upward trajectory, after surpassing its July 2021 target Pay As You Earn…