Why Green Investments Like Safaricom's New Bond Are Largely Tax-Free
Kenya is increasingly using tax incentives to accelerate green investments, with interest earned on qualifying green bonds often exempt from withholding tax. Safaricom’s latest green corporate bond demonstrates how issuers can leverage these incentives to offer higher net returns to investors while funding renewable-energy and sustainability projects.
Tribunal Rebukes KRA Over Stale Tax Claim Against Landlord
The Tax Appeals Tribunal has delivered a setback to the Kenya Revenue Authority (KRA), cancelling a KSh 67.9 million assessment it issued against a Nairobi landlordKenya Grants Gulf Energy Incentives, Tax Exemptions, to Hasten Turkana Oil Plan
Kenya has granted tax and duty exemptions to Gulf Energy E&P B.V. under a newly signed addendum restructuring the production-sharing contract for Turkana’s Block T7.High Court Clears KRA to Collect KSh 384.5M Stamp Duty As NCBA Merger Appeal Proceeds
The High Court has dismissed NCBA Group’s application to suspend enforcement of the April ruling that invalidated the 2019 stamp duty waiver applied to the NIC–CBA merger. Justice E.C. Mwita held that a declaration of unconstitutionality takes effect immediately under Article 2(4) and cannot be paused by the trial court. The judge rejected NCBA’s claim that paying KSh 384.5M now would cause irreparable loss, saying KRA is capable of refunding the money if the bank succeeds at the Court of Appeal. The decision allows KRA to pursue the stamp duty while NCBA’s appeal proceeds, marking another win for petitioner Okiya Omtatah.
Kenya's Banks Contributed KSh 194.81Bn in Taxes in 2024
The Kenya Banking Sector contributed a total of KES194.81 billion to the National Treasury in the year ended 31 December 2024
Counties Can Collect Cess From Agri-Exporters in Special Economic Zones, Court Rules
Kenya Seeks Tighter Oversight on International NGOs’ Tax and Compliance Privileges
Businesses Face Compliance Hurdles as eTIMS Directive Takes Effect- PwC
Businesses are bracing for a series of compliance challenges as the Kenya Revenue Authority (KRA) moves to enforce stricter income and expense validation rulesKRA Shifts Bank Guarantees for Customs Transactions to iCMS From December 2025
KRA will require all customs-related bank guarantees to be issued and processed exclusively through the Integrated Customs Management System (iCMS) starting 1 December 2025.KRA Introduces New Tax Payment and Reporting Controls
The Kenya Revenue Authority (KRA) has introduced an Automated Payment Plan (APP) aimed at having taxpayers clear outstanding liabilities, covering tax, penalties, and interest, through installments of up to six months. Starting January 2026, KRA will also begin validating income and expense declarations in tax returns against TIMS/eTIMS invoices, withholding tax data, and customs records.Ecobank Loses Two Tax Cases on Card Payments, VAT on Repossessed Assets
In its decision, the Tribunal found that payments made by Ecobank to Visa and Mastercard were subject to withholding tax.Collapsed Tech Firm Sendy Loses Landmark KSh 82mn Tax Battle
KRA has won a case against collapsed logistics technology firm Sendy Limited after the High Court ruled that the company is liable for VAT on the full value of transport services
