excise duty

8 Articles
BUSINESS

Landmark Court Ruling Disrupts Kenya’s Betting Landscape

The High Court, under the guidance of Justice Patrick Otieno, has delivered a verdict that has sent ripples across the betting industry.

The upward review of excise duty on 31 products looks set to force Kenyan households to dig deeper into their pockets even as many continue to experience economic hardships occasioned by the Covid-19 pandemic.
BUSINESSECONOMY

You Will Pay More for Water, Alcohol and Boda Bodas as KRA Raises Tax

Unlike in previous years, KRA will be required to get Parliamentary approval to effect the increase following changes to the law introduced in...

tax on water and other drinks www.businesstoday.co.ke
FEATURED STORY

KRA Poised to Collect More Tax From Water, at the Expense of Kenyans

Some stakeholders have, however, expressed reservation on the execution, fearing it may cause hiccups for businesses.

FEATURED STORY

Customers to pay more as Safaricom effects new taxes

CEO Bob Collymore has announced that the headline price for voice calls and data will increase by 30 cents and SMS by 10...

Bottled water seized by KRA officials at a water manufacturing plant in Embakasi, Nairobi. KRA is targeting manufacturers to raise more taxes by sealing loopholes with the EGMS. www.businesstoday.co.ke
FEATURED STORY

Illegal water manufacturing plant shut down

The director of the company has been summoned by KRA for further investigations and subsequent prosecution in court

FEATURED STORY

Skins exporter charged with evading Sh204m tax

Claire Marisiana Odimwa is said to have under declared the weight and measure of wet salted cow hides meant for export

ECONOMY

Tax-free motorbike imports roar

As of July, according to official data, Kenya had imported 146,757 motorcycle units, up from 86,286 during the similar period last year

FEATURED STORY

Price of water and soda set to rise

The Kenya Revenue Authority has finally announced plans to lob non-alcoholic beverages, food supplements and cosmetics into its excise duty regime as the taxman...