KRA intensifies war with manufacturers over excise tax The Kenya Revenue Authority (KRA) has intensified its war with manufacturers over the payment of excise tax, putting at risk millions of jobs and billions of shillings in tax revenues.The Kenya Association of Manufacturers (KAM) – the industry…

Capital gains tax to be paid after property transfer The capital gains tax (CGT) applicable on real estate will be paid at the point of payment of stamp duty, the Kenya Revenue Authority has said. CGT will be applied effective on the date of transfer of the property should the…

Kwal staff begin buying winery shares at Sh34 Kwal staff is buying a four per cent share in the wines and spirits maker at Sh34.46 a unit under the privatization program. The Privatisation Commission announced that the government is offloading the 3.84 million shares in Kwal in a deal that…

The CMC Soap Opera comes to a close with this dramatic season finale. Contracts were lost, chapters were closed and trading, is still suspended.