Kenyans have their say after Keroche loses Sh9 billion appeal - News Summed Up

Kenyans have their say after Keroche loses Sh9 billion appeal


Kenyans have reacted with dismay following a decision by the Tax Appeal Tribunal to allow Kenya Revenue Authority (KRA) to slap a tax demand of Sh9 billion on Keroche Breweries Ltd. The Naivasha-based brewer was on Wednesday slapped with a Sh9.1 billion tax bill after losing a five-year legal battle with the taxman. After the ruling, Kenyans took to social media to rally behind the local brewer with many wondering how the company would raise the Sh9 billion. Others questioned the government’s commitment to support local investors considering how it was dealing with Keroche and other local businesses. Droid @droid254 said: “But if Keroche really rightfully owe those taxes si they just pay… Everyone is suffering.”Wizard of Oz @PeteroMaina added: “They should pay.


Source: Daily Nation March 12, 2020 12:45 UTC



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