KRA sets revenue collection record with $2.7 billion banked in December driven by robust oil sector and customs
This historic performance is largely attributed to strong growth in oil taxes, which grew by 23.9 per cent and recorded a performance rate of 103.7 per cent.
US hits Russia oil companies with sanctions as Moscow as Moscow holds nuclear drills
The United States hit Russia’s major oil companies with sanctions on Wednesday and accused the Russians of a lack of commitment toward ending the war in Ukraine, as Moscow conducted a major training exercise involving nuclear arms. The new sanctions were unveiled one day after plans for a summit between...
