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Ideas & Debate KRA must bring digital economy into tax net Wednesday, June 12, 2019 20:09 By DOREEN MULAMA | Kenyans have been eagerly waiting for the budget statement to be unveiled. While there is great potential to see development and further championing of the Big Four agenda by the
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Editorials EDITORIAL: Review scrapping of LPG exchange pool Wednesday, June 12, 2019 20:21 By EDITORIAL Cooking gas, technically called Liquefied Petroleum Gas (LPG), has become a must for most homes in the country. With electricity, overtaxed kerosene and charcoal—lately hit by price inflation because of anti-fuel contamination taxes—
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Editorials EDITORIAL: Scrutinise all budgets Wednesday, June 12, 2019 20:21 By EDITORIAL The Treasury, government ministries, departments and agencies (MDAs) have formed a tendency to abuse the supplementary budget appropriation law by bringing to Parliament for rubber-stamping questionable expenditures after they have already occurred. Article 223 of the Constitution
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Columnists Africa must speak with one voice Wednesday, June 12, 2019 20:27 By BITANGE NDEMO “There's always some potential vulnerabilities in any system,” PayPal’s Dan Schulman in a 2017 interview on the future of cash Those who followed US President Donald Trump’s recent visit to
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Columnists How tax administration is going digital Wednesday, June 12, 2019 20:27 By MUMBI WAMBUGU | The revenue authorities have over the past years adopted various technologies in an effort to enhance tax compliance and grow tax revenue. The complexities of tax administration as well as increase of information is
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Columnists Why we should all combat illicit trade head-on Wednesday, June 12, 2019 20:28 By SACHEN GUDKA | The recent move by Central Bank of Kenya to introduce the new generation currency notes and withdraw the older Sh1,000 from circulation by October 2019 has once again shone a spotlight
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Letters LETTERS: The looming challenge of pension adequacy Wednesday, June 12, 2019 20:28 By ARTH SHAH | Sadly, the current situation of the retirement benefits industry in Kenya is a puzzle. And like every puzzle, the pieces are supposed to be laid out in a logical manner to successfully complete
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News How Centum plans to spend Sh19.5bn from Coke stake sale Wednesday, June 12, 2019 20:56 By PATRICK ALUSHULA Centum Investment Company #ticker:ICDC plans to spend Sh19.5 billion proceeds from the sale of its stakes in Almasi Beverages Limited and Nairobi Bottlers Limited to pay off
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News Kenya starts traveller screening as Ebola spreads to Uganda Wednesday, June 12, 2019 20:57 By NASIBO KABALE Kenya is on high alert following the first confirmed cases of the deadly Ebola virus in neighbouring Uganda. The Ministry of Health said Wednesday that it was screening travellers at all
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News Relief for taxpayers as debt cost set to fall Sh174 billion Wednesday, June 12, 2019 20:58 By JOHN MUTUA The cost of repaying debts will for the first time in many years fall in July by Sh174.1 billion due to Treasury’s drive for longer maturing loans,
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News Rotich faces court, taxpayer hurdles ahead of ambitious budget Wednesday, June 12, 2019 20:59 By GEORGE OMONDI Treasury Cabinet Secretary Henry Rotich is once again expected to face an increasingly restless citizenry and uncompromising courts as he strives to raise Sh3.1 trillion for the year beginning July.
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News More pain awaits beer, tobacco consumers Wednesday, June 12, 2019 21:01 By CHARLES MWANIKI Consumers are set for a new round of inflation adjustment on excise duty charged on goods like beer, bottled water, juices and cigarettes as Treasury CS Henry Rotich looks to raise an additional Sh32