ICPAK to act on Ciano only after Uchumi adopts forensic report The Institute of Certified Public Accountants (ICPAK) has said Uchumi Supermarkets board needs to adopt a forensic report that accuses former CEO Jonathan Ciano of misconduct before it can take disciplinary action on him. The…

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…