High Court issues injuction stopping the implementation of Minimum Tax
Shares
The High Court in Machakos has granted an injunction against the implementation of the Minimum Tax. The case was filed in Machakos by Kitengela Bar Owners Association through their lawyers Okwach & Company Advocates
The case has raised similar issues to the suit that had been filed last month by Kenya Association of Manufacturers (KAM), Retailers Association of Kenya (RAK) and Kenya Flower Council (KFC) in Nairobi.
Justice George Odunga sitting in Machakos stated , “I grant conservatory orders restraining the 2nd Respondent Kenya Revenue Authority (KRA) whether acting jointly or severally by itself, its servants, agents, representatives or howsoever otherwise from the implementation, further implementation, administration, application and/or enforcement of Section 12D of the Income Tax Act, Chapter 470 of the Laws of Kenya as amended by the Tax Laws (Amendment) (No.2) Act, 2020 by collecting and/or de
Court blocks KRA from collecting new minimum tax
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.
KRA fights minimum tax suspension order
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Patients, medics banked on Equity during pandemic
HEALTH & SCIENCE
ICU manager in PPE during the interview at the Kenyatta University Teaching, Referral & Research Hospital on April 9, 2021. [David Gichuru, Standard]
Containing transmission of Covid-19 when an outbreak was reported in Kenya last year was uncertain. Even medics feared contracting the virus.
The government was also thrown into confusion when the surge hit a second wave in June, 2020.
The border town of Busia was in sharp focus, owing to widespread of the virus attributed to traffic snarl-ups of trucks and drivers stuck there, but mingling with locals. Covid 19 Time Series
Any positive Covid case only heightened fear among medics. There were inadequate Personal Protective Equipment (PPE).
THE STANDARD
BUSINESS NEWS
NAIROBI, KENYA: Several factors stand on the way to prosperity for some Chief Executive Officers in Kenya derailing growth plans for organisations under their control, a new study by the Central Bank of Kenya (CBK) reveals.
The CEOS polled by the regulator plan to expand into new markets, improve brand proposition of current products and develop new products through diversification and value add in the next three years.
“The main concerns for CEOs are the challenging business environment, economic performance and the effects of the Covid-19 pandemic.”
“Growth prospects for the Kenyan and global economies were mixed. While there was optimism due to a gradual pick up in business activity in the economy, businesses were concerned about anticipated heightened political activity, high cost of raw inputs and continued uncertainties over the COVID-19 pandemic.”