Category: Finance
KENYA REVENUE AUTHORITY RECOVER KSH 840,803,506 FROM KENYA POSTEL DIRECTORIES LTD
KENYA REVENUE AUTHORITY RECOVER KSH 840,803,506 FROM KENYA POSTEL DIRECTORIES LTD By Wangeci Kariuki Kenya Revenue Authority won two cases at the High Court in Nairobi against the Kenya Postel Directories Ltd. In one of the cases, Kenya Postel Directories…
KENYA REVENUE AUTHORITY FILES APPEAL AGAINST TRIBUNAL’S DECISION ON BETTING FIRMS
KRA FILES APPEAL AGAINST TRIBUNAL’S DECISION ON BETTING FIRMS By Donald Kogai Kenya Revenue Authority (KRA) will challenge the Judgment of the Tax Appeals Tribunal (TAT) delivered on 6th November 2019 in favour of the Betting firms. Seven (7) Betting…
LAUNCH OF 5TH ANNUAL TAX SUMMIT
LAUNCH OF 5TH ANNUAL TAX SUMMIT By Grace Chege Kenya Revenue Authority (KRA) to host its 5th Annual Tax Summit on Tuesday 16th to 17th October, 2019 at Kenyatta International Convention Centre Nairobi County Kenya . In attendance will be…
KCB GROUP LISTS NEW SHARES ON THE NAIROBI SECURITIES EXCHANGE IN NATIONAL BANK OF KENYA TAKE-OVER
KCB GROUP LISTS NEW SHARES ON THE NAIROBI SECURITIES EXCHANGE IN NATIONAL BANK OF KENYA TAKE-OVER By Irene Wambui Odhiambo KCB Group Plc has listed an additional 142,979,717shares at the Nairobi Securities Exchange (NSE) following the successful acquisition of the…
THE THIRD LARGEST BANK IN KENYA UNVEILS LOGO
THE THIRD LARGEST BANK IN KENYA UNVEILS LOGO By Douglas Muriithi NCBA Group has unveiled a new logo and tagline (Go for it) as it officially commences operations as the country’s third largest bank by assets. The Central Bank of…
KENYA REVENUE AUTHORITY TO COLLECT 2.3B TAX DEBTS AFTER WINNING A CASE AGAINST DUBAI FIRM
KENYA REVENUE AUTHORITY TO COLLECT 2.3B TAX DEBTS AFTER WINNING A CASE AGAINST DUBAI FIRM By Donald Kogai High Court in Nairobi Kenya delivered a ruling in favour of Kenya Revenue Authority (KRA) in a case filed by a Dubai…
TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA
TALA TEMPORARILY STOP LOAN ISSUANCE IN TANZANIA By Donald Kogai Tala Tanzania has not made a decision to permanently close operations. However, after piloting our credit product in Tanzania, we have paused our lending operations and are undertaking a review…
CAPITAL GAINS TAX COLLECTION IN KENYA GROW
KENYA REVENUE AUTHORITY SENSITISES LAW SOCIETY OF KENYA ON CAPITAL GAINS TAX By Grace Chege Kenya Revenue Authority Capital Gains Tax collection has increased from 635 Million when CGT was manual to over 3 Billion after computerizing the process. Kenyan…
GOVERNOR SONKO MEET KRA TO CLEAR OVER 5 BILLION TAX DEBT
NAIROBI COUNTY GOVERNOR SONKO MEET KRA TO CLEAR OVER 5 BILLION TAX DEBT www.africantimes.co.ke Kenya Revenue Authority (KRA) and the Nairobi City County (NCC) met over the accrued withholding taxes by the NCC amounting to Kshs5.8Billion. KRA had issued summons…
KENYA COMMERCIAL BANK GROUP PUMP OVER 7 BILLION TOWARDS KENYAN WOMEN EMPOWERMENTS
KENYA COMMERCIAL BANK GROUP PUMP OVER 7 BILLION TOWARDS KENYAN WOMEN EMPOWERMENTS By Irene Wambui Odhiambo KCB Group is seeking to deepen its new women proposition, committing billions of shillings towards funding women owned and women run enterprises. The Bank…