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Kenya Revenue Authority

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

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...

Absa Kenya Returns to Court to Challenge Tax Dispute

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...

Kenya to Double Tax Big Tech

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...

Kenya: possible reduction in M-Pesa transaction fees

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...
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Regular Vigilance Crucial for Spotting Software Breaches

Chief Technology Officer for Obsidian Systems, Karl Fischer, says "Constant vigilance is essential to identifying software security breaches." Fischer recounts,...
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