Uhuru delays response to Sh3.3 billion secret foreign wealth leak
President Uhuru Kenyatta says he will soon respond in detail to revelations that his family has hidden a fortune in excess of $30 million (Sh3.3 billion) in overseas tax havens.
The Kenyattas are part of the global elite whose offshore financial dealings have been laid bare in a massive leak of documents to The International Consortium of Investigative Journalists (ICIJ).
Use of secretive trusts and foundations in low-tax jurisdictions is often seen as an effort to hide ill-gotten wealth or avoid paying taxes.
Counties in Kenya to remain deprived of funds as Senate adjourns
County governments will wait longer to receive their share of the Sh316.5 billion after senators voted to adjourn debate on the approval...
Amica Sacco bets on new mobile app to hit Sh1.2bn in...
Amica Sacco CEO James Mbui and chairperson Nelson Muchiri.
Amica Savings and Credit is banking...
KRA denies keeping public in dark over 31 goods tax rise...
The Kenya Revenue Authourity (KRA) has denied claims that its decision to increase excise duty on at least 31 goods was made...
KRA targets 568 cars at Mombasa port for sale
More than 100 owners of some 568 vehicles that have overstayed at the Port of Mombasa risk losing them mid next month at a...
President Uhuru Kenyatta responds to Pandora Papers leak
President Uhuru Kenyatta has responded to the revelations of the hidden wealth of billionaires and heads of governments in a report published...
Power price review to push up manufacturers’ cost – KAM
Higher electricity tariffs will push up manufacturers’ cost of electricity by up to 38 per cent, sector lobby now says, leading to...
