Author: Kaunga Junior
Hot seat? KRA re-advertises top post
The Kenya Revenue Authority has re-advertised for the post of Commissioner General. The post fell vacant following the shock exit of James Githii Mburu on 23rd February amid a major-shake up that also affected other heads of department. Mr Mburu had served at the helm of KRA for more than three years. His tenure was marked by intense pursuit of alleged tax cheats, including big corporate names such as liquor manufacturers Humphrey Kariuki and TabithaKaranja. On 12th April, KRA advertised for Mr Mburu’s successor implying either the agency has not received suitable candidates or potential Kenyans are disinterested in taking up the role. KRA is…
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An oily race to fry an egg
If Kenya and Tanzania ministers for finance will have eggs on Thursday, they will have fried an entire industry in a lot of edible oil. The two countries facing a similar predicament of increasingly expensive cooking oil are going full blown in their budgets to allocate funds for all manner of seeds, land and locations for the new producers of government cooking oil. The last time Kenya and Tanzania competed on a railway, Kenya was faster to derail into the wastelands of Suswa and no amount of trying to pull it out with meter gauge lines has been able to revive the once vibrant CoW…
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Blue economy, alcohol and other sectors where Kenya is seeking investors
The Kenya Development Corporation (KDC) has identified blue economy, and other sectors where investors, both local and international, can channel their money to accelerate growth of their enterprises. KDC is inviting investors to channel their funds into Kenya’s manufacturing, tourism, agriculture, healthcare, energy, post-harvest management, and ICT sectors asking them to “take advantage of these opportunities.” The investment opportunities were presented during the 3rd Kenya International Investment Conference (KIICO). Under manufacturing, KDC singled out the development of Isiolo meat and airport development and the development of 8.4 million-square-feet industrial sheds at Athi River EPZ. It also wooed investors to set up in the Centum-backed, soon…
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