Taxman says digital economy raid ramped up Kenya’s revenue collection by over 112 per cent
KRA Commissioner General explained that KRA has implemented organizational restructuring within its functional areas of revenue, technology and service to create an agile and responsive tax administration framework, strengthen the digital infrastructure for data-driven decision-making and automation, and to improve taxpayer engagement and support.
Tax agency paints rosy future of Kenya’s economic outlook after surpassing targets despite World and IMF’s gloomy forecast
Notwithstanding these challenges, KRA boss Humphrey Wattanga avers that KRA’s robust measures yielded a significant revenue collection turnaround in the second half of the financial year as revenue grew by 9.1 per cent, compared to the 4.5 per cent growth recorded in the first half of the financial year.
US businesses brace for digital financial markets as Trump talks says he plans to hoard billions in bitcoin
When former US president Donald Trump announced a plan to establish a national “bitcoin stockpile” if he is re-elected, the crowd at the Bitcoin 2024 conference in Nashville, Tennessee, erupted into a fit of celebration. The frontrunner in the upcoming election was speaking their language. “For too long, the government...
