Kenya has emerged as a pivotal iGaming market in Africa, reflecting the rapid evolution of the continent's gaming industry.This week’s inaugural iGaming summit in Nairobi positioned Kenya at the forefront of the sector, showcasing its investment potential and the necessity for balanced regulation, taxation, and consumer protection.Jeremiah Maangi, CEO of
Tag: Kenya Revenue Authority
KRA investigates activist Morara Kebaso over alleged Tax Evasion
The Kenya Revenue Authority (KRA) is currently investigating political activist Morara Kebaso for allegedly failing to file tax returns on an income of Ksh. 186 million generated by five of his businesses since 2022. The businesses under scrutiny include Backtent Security Limited, Morara Properties Limited (also known as Blacksmith Morara Limited),
KRA to be transformed into a service-oriented entity
The Kenya Revenue Authority will be rebuilt to a service-oriented organisation. The move is aimed at restoring people-friendly tax collection. Speaking during the Kenya Revenue Authority Taxpayers’ Day in Mombasa, president William Ruto said he is keen on restoring KRA’s image to inspire voluntary tax compliance.The President observed that
Man arrested over Ksh2 million bribe to fix tax arrears
A Kenya Revenue Authority agent was arrested for soliciting Ksh2 million bribe, has been arraigned before a judge after being on the run for 10 months.Mr John Obura Dimo had improperly requested a financial advantage of Sh2 million from the complainant with the the intention that he would facilitate
KRA records highest revenue growth in Kenyan history
KRA boss Githii Mburu For the first time in Kenya’s history, the annual revenue collection has hit and surpassed the Two Trillion mark, defying the difficult economic environment brought about by Covid-19. This is after Kenya Revenue Authority (KRA) recorded a monumental revenue collection of KShs. 2.031 Trillion for the Financial Year 2021/2022 (July