Sunday, January 19, 2025
No menu items!
type here...

Kenya Revenue Authority

Company News

SportPesa Founders Cash in $65.2-Million Dividend in Four Years

Zintle -
Founders of the Pevans East Africa, which pioneered betting in Kenya with the SportPesa brand earned dividends totaling Sh7.6-billion ($65.2-million) in the four and a half years to June 2019. Among those who scored big are foreign and local entrepreneurs...
Company News

Absa Kenya Returns to Court to Challenge Tax Dispute

Zintle -
The Supreme Court has agreed to hear a case by Absa Bank Kenya challenging a move by the Kenya Revenue Authority (KRA) to collect payments paid to multinational credit card firms such as Visa and MasterCard in royalties. Absa returns...
FinTech

Kenya to Double Tax Big Tech

Zintle -
Kenya is reportedly planning to impose double tax on giant tech companies like Amazon, Google, Apple, and Facebook which use the internet to market and sell products. According to Business Daily, the country's Treasury has proposed to increase digital tax...
Mobile and Telecoms

Kenya: possible reduction in M-Pesa transaction fees

Staff Writer -
The Star in Kenya reports that M-Pesa transaction costs could be reduced after bankers secured a court injunction against the Kenya Revenue Authority over taxation of money transfer services.   Kenyan telecommunications operator, Safaricom, is maintaining a close eye on developments...
- Advertisement -spot_img

Latest News

Digital TransformationMamsi Nkosi -

Ethio Telecom & AfDB Partnership to Drive Ethiopia’s Digital Economy

In a strategic effort to support Africa's digital transformation, Ethio Telecom has partnered with the African Development Bank (AfDB)...
- Advertisement -spot_img