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KRA targets employers over Sh100bn Affordable Housing Levy default

Nairobi, June 10 -- The Kenya Revenue Authority (KRA) will soon crack down on employers who have evaded remitting more than Sh100 billion in employees' deductions from the Affordable Housing Levy. Th... Read More


State eyes Sh1.4 billion from new tea export, import levy

Nairobi, June 8 -- The Ministry of Agriculture projects to collect Sh1.38 billion from the newly tea export levy annually, raising the total taxes from the beverage to more than Sh1.4 billion. The go... Read More


KHRC opposes capital gains exemption for property funds

Nairobi, June 3 -- Human rights advocates want Parliament to reject the Treasury's proposal to exempt capital gains tax-charged at 15 percent on net gains-on transfers of property to real estate inves... Read More


MPs want energy project loans to include wayleave compensation

Nairobi, April 7 -- A committee of the National Assembly wants loan agreements for future energy projects to include compensation for wayleaves to help curb delays in implementation. The committee on... Read More


Treasury to buy Jubilee's Nairobi CBD office in Sh2.5bn plan.

Nairobi, April 6 -- The National Assembly has approved an allocation of Sh1 billion to the National Treasury for the planned purchase of a multi-storey office block owned by Jubilee Holdings in Nairob... Read More


Blow to media houses as MPs reject Sh826m debt pay plan

Nairobi, April 6 -- The National Assembly has rejected the allocation of Sh866.4million by the Treasury to clear pending bills for eight media organisations, dealing a blow to the firms struggling wit... Read More


Treasury to buy Jubilee's Nairobi CBD office in Sh2.5bn plan

Nairobi, April 6 -- The National Assembly has approved an allocation of Sh1 billion to the National Treasury for the planned purchase of a multi-storey office block owned by Jubilee Holdings in Nairob... Read More