In FY20, Safaricom paid Kes98 billion in duties and taxes, in addition to Kes20 billion in dividends to the Government of Kenya. Over the same period, Safaricom sustained more than one million jobs directly and indirectly and spent Kes58 billion with local suppliers.
He noted that some of these vehicles may have been sold to innocent Kenyans who are not part of the scheme. Being in possession of motor vehicles for which duty has not been paid is an offence under section 200 (d) (iii) as read together with section 210 (c) of the East African Community Customs Management Act 2004.
Masaki joins the loss-making battery manufacturer from Sameer Group, where he was the Finance Manager. He will perform as Acting MD pending the appointment of a substantive Managing Director by the board.
A keen look at the auction notices tells a deeper story. Auctioneers are struggling to find buyers leaving them stuck with re-possessed properties, with harsh economic times meaning that fewer Kenyans are willing or able to acquire the repossessed vehicles, land, buildings and office equipment
The photo that trended on social media platforms shows the young Winnie cuddling her baby while standing as her teammates relax on the pitch, waiting for the second half to kick off.
Commenting on the launch, Franck Moreau, Country Manager of Carrefour Uganda and Kenya at Majid Al Futtaim Retail explained that Carrefour’s underlying aim is to offer Ugandan shoppers the best products and widest range at the most affordable price.
Users of the application will be able to easily perform different functions through such as locate any RUBiS station countrywide, purchase K-gas and accessories for home delivery, purchase airtime, pay utility bills and make purchases at RUBiS Express and Brioche.
Kalebi's official title was Group Managing Director, CEO and Chief Consultant Pathologist - highlighting the different roles he took on at the organization. The roles will now be split between Mwende Musunga as Group CEO, Matthieu Goge as Group Managing Director and Dr. Charles Wahome as Chief Consultant Pathologist.
The inquiry will look into the alleged statutory and regulatory compliance breaches allegedly committed by KTDA and its directors, including potential price and auction manipulation, abuse of dominance, insider trading, wastefulness and breach of directors' fiduciary duties.