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The Kenya Revenue Authority has lost a Sh221 million tax dispute against a seed company linked to Kenyan billionaire Vimal Shah and a former Central Bank of Kenya official.
Narendra Raval Devki Steel has opened negotiations with Kenya Revenue Authority in a Sh1.6 billion VAT dispute over factory equipment imports
Rupen Mulchand Haria secures $3.2 million tax victory, confirming capital gains tax applies on sale date, not registration.
Equity Group is the largest financial services conglomerate in East Africa.
Kimani owns 32.3 percent of the company, or 6,330,699 shares.
The Kenya Revenue Authority (KRA) said it is demanding full accountability from Karanja.
The Rai family owns Rai Group, a closely held family conglomerate founded by their patriarch, Tarlochan Singh Rai.
SportPesa and its owners will not face asset seizures, bank account freezes, or travel bans.
Keroche is a strong competitor for the British-controlled EABL, holding a 29-percent share of Kenya’s alcoholic beverage market.
Kenyan tycoon and CEO of Keroche Breweries Tabitha Karanja has revealed that a new expansion strategy could see the Kenya Revenue Authority generate over Ksh1 billion ($92.7 million) annually.
The Kenya Revenue Authority is investigating embattled businessman Humphrey Kariuki for tax evasion.