Already haunted by a history of company collapses, Kenya’s moribund corporate bond market risks a fresh setback from authorities plans for a withholding tax on green bonds. The proposed tax received ...
The Kenyan government plans to start taxing interest from infrastructure bonds by as much as 15%, a move that could hurt foreign-currency inflows for the popular securities. Domestic investors will ...
On Monday, Former Kenya president Uhuru Kenyatta, through his spokesperson Kanze Dena, told reporters in Nairobi that since the end of his presidency in September 2022, his office has only received ...
The County Government of Kiambu has lost its appeal against the Kenya Revenue Authority over a Sh100 million withholding tax. KRA is demanding Sh102,481,447 PAYE and Value Added Tax (VAT) from the ...
Business Daily Africa on MSN
Win for banks as Supreme Court shoots down tax on card payments
The Supreme Court has overturned a decision that allowed the Kenya Revenue Authority (KRA) to tax e-commerce card payments, saying the taxman exceeded legal authority by subjecting credit/debit card ...
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