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Kenya
Ruto deploys civil service boss to defuse tax row

The Kenya Revenue Authority doesn't have enough money to reimburse all overcharged state agencies. Felix Koskei is on the case. [...]

Published on 12/03/2024 at 05:40 GMT Reading time 2 minutes

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Finance

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Kenya
Diageo Group
East African Breweries
Felix Koskei
Huawei
Humphrey Wattanga Mulongo
Kenya National Highways Authority
Kenya Revenue Authority
Lake Turkana Wind Power
NCBA
Uhuru Kenyatta
William Ruto

Kenya
Brewer EABL manages its foreign currency risk

The Kenyan brewery recently cleared its outstanding foreign currency overdrafts.

Subscribers only Business 22.08.2024

Kenya
Nairobi goes all out to develop digital strategy

Kenya's digital transformation is a key objective for William Ruto, as he reiterated during his government reshuffle last week.

Subscribers only Politics 17.07.2024

Kenya
Tax authorities under pressure after Ruto drops budget

The Kenyan president has made a series of announcements in response to angry protests against the 2024-2025 budget. The tax exemptions enjoyed by certain companies since Uhuru Kenyatta's time could be called into question.

Subscribers only Finance, Politics 10.07.2024

William Ruto at State House in Nairobi on 4 July 2024.

Kenya
Nairobi still reluctant to sign up to OECD global minimum corporate tax

Kenya, where tech giants such as Amazon, Facebook, Google and Microsoft operate, wants to keep its own digital tax in place for now instead of adopting the OECD's new global minimum rate on corporate profits.

Free access Finance 09.04.2024

Kenya
Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

The financially troubled Uchumi supermarket chain is undergoing a safeguard procedure to pay its creditors. The Ruto administration tried to step in itself, but United Bank for Africa has gone it alone and secured an advantageous arrangement with the company.

Subscribers only Finance, Business 08.03.2024

Kenya
The boat-rocking pair at the heart of Ruto's government

Kenya's civil service chief Felix Koskei and the president's personal assistant, Farouk Kibet, are making an outsized mark on the affairs of state. This has fuelled tensions with the deputy president and the prime minister, who feel their wings have been clipped.

Subscribers only Politics 23.02.2024

President of Kenya William Ruto in Addis Ababa on 18 February 2024.

Kenya
Rising interest rates prompt East African Breweries to make early loan repayments

The Kenyan brewery is keen to maintain financial headroom amid challenging financial times. The second half of 2023 saw the firm's profits fall by more than 20%.

Subscribers only Finance 22.02.2024

Kenya
State agencies race for foreign currency as Kenyan shilling plummets

Invitations to tender in Kenya are increasingly issued in dollars or euros, prompting state-owned firms to invoice for their services in foreign currency. The trend towards dollarisation of the economy risks further draining the country's foreign exchange reserves, which are already at an all-time low.

Subscribers only Finance 06.02.2024

Kenya
Allies of former chamber of commerce head set up rival body

At a time when SMEs are struggling, a handful of supporters of Richard Ngatia, former chairman of the Kenya National Chamber of Commerce and Industry (KNCCI), have created the Strategic Chamber of Traders in Kenya.

Subscribers only Business 22.11.2023

Kenya
Kenyan tea producers call for government help with tax issues

Kenya's tea industry still fears competition from Tanzania and is calling on the government to support the sector's local development.

Subscribers only Business 21.08.2023

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Kenya
Diageo Group
East African Breweries
Felix Koskei
Huawei
Humphrey Wattanga Mulongo
Kenya National Highways Authority
Kenya Revenue Authority
Lake Turkana Wind Power
NCBA
Uhuru Kenyatta
William Ruto

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Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Kenya
Ruto deploys civil service boss to defuse tax row

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Kenya
Brewer EABL manages its foreign currency risk

Kenya
Nairobi goes all out to develop digital strategy

Kenya
Tax authorities under pressure after Ruto drops budget

Kenya
Nairobi still reluctant to sign up to OECD global minimum corporate tax

Kenya
Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

Kenya
The boat-rocking pair at the heart of Ruto's government

Kenya
Rising interest rates prompt East African Breweries to make early loan repayments

Kenya
State agencies race for foreign currency as Kenyan shilling plummets

Kenya
Allies of former chamber of commerce head set up rival body

Kenya
Kenyan tea producers call for government help with tax issues

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Ivory Coast French investigation sends tremors through Abidjan's political class

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Kenya Ruto deploys civil service boss to defuse tax row

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

Kenya Brewer EABL manages its foreign currency risk

Kenya Nairobi goes all out to develop digital strategy

Kenya Tax authorities under pressure after Ruto drops budget

Kenya Nairobi still reluctant to sign up to OECD global minimum corporate tax

Kenya Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

Kenya The boat-rocking pair at the heart of Ruto's government

Kenya Rising interest rates prompt East African Breweries to make early loan repayments

Kenya State agencies race for foreign currency as Kenyan shilling plummets

Kenya Allies of former chamber of commerce head set up rival body

Kenya Kenyan tea producers call for government help with tax issues

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Kenya
Ruto deploys civil service boss to defuse tax row

Kenya
Brewer EABL manages its foreign currency risk

Kenya
Nairobi goes all out to develop digital strategy

Kenya
Tax authorities under pressure after Ruto drops budget

Kenya
Nairobi still reluctant to sign up to OECD global minimum corporate tax

Kenya
Failing Uchumi supermarkets pay to keep United Bank for Africa sweet

Kenya
The boat-rocking pair at the heart of Ruto's government

Kenya
Rising interest rates prompt East African Breweries to make early loan repayments

Kenya
State agencies race for foreign currency as Kenyan shilling plummets

Kenya
Allies of former chamber of commerce head set up rival body

Kenya
Kenyan tea producers call for government help with tax issues