NSSF on spot over contributors' Sh1bn investment in broke firms
Firms are in deep financial mess, not paying dividends
Source: the-star.co.ke
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Firms are in deep financial mess, not paying dividends
This attributed to the one-off settlement of outstanding tax liabilities in Uganda
Over 10 Kenyan companies have sounded the alarm by issuing grim profit warnings, sending shockwaves through the business world. Sanlam is the latest.
It has broken ground for a Sh260 million purpose-built warehouse slated to commence operations by mid-2024.
Kenya Revenue Authority (KRA) is demanding Sh144 million in tax from a subsidiary of tyre distributor Sameer Africa.