News Burundi Imports: Mystery of missing Sh432bn China imports on KRA books
Chinese imports valued at Sh431.9 billion for the first 10 months of last year are missing from official data reported by the Kenya Revenue Authority (KRA), raising concerns over the scale of tax evaded in the election year.An analysis of official trade data published separately by the two countries' tax authorities has revealed a wide disparity in the value of imports from the Asian economic giant.Official KRA data, as published by the Kenya...
News Burundi Imports: KRA shake-up starts as puzzle of missing Sh432bn deepens
The taxman was on Tuesday left scratching its head over the puzzle of missing Sh432 billion worth of imports from China on its books last year even as it emerged that the agency was in the middle of an internal staff shake-up that targets at least two commissioners.KRA chairperson Anthony Ng’ang’a Mwaura said several senior officers at the border points, as well as ports, have been redeployed in an ongoing shake-up.Those targeted in the shakeup...
News Burundi Imports: Tanzania's trade surplus across East Africa rose to $484 million
Tanzania also recorded a $19.6 million trade deficit with Kenya as trade disputes amongst the partner states escalated in the region.