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Why EAC members are wary of Kenya s latest trade deal with EU

Why EAC members are wary of Kenya s latest trade deal with EU
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.

Train services a big relief as travellers troop back to city

Train services a big relief as travellers troop back to city
standardmedia.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from standardmedia.co.ke Daily Mail and Mail on Sunday newspapers.

PwC urges government to prioritize AfCFTA implementation in Kenya

PwC has indicated that businesses are keen to understand the progress of implementation of AfCFTA, as they position themselves to benefit.

Kenya Customs and Border Control lifts restriction on warehousing of goods

Kenya Customs and Border Control lifts restriction on warehousing of goods Shares Pricewaterhouse Coopers (PwC) has acknowledged the move by the Commissioner of Customs and Border Control to lift restrictions on warehousing of goods in Customs bonded warehouses imposed by Customs in May last year. The decision has been received as a welcome relief for businesses that utilize customs bonded warehouses to store goods, defer payment of duties and are involved in regional trade. The decision was relayed to the public through Gazette Notice no. 3738 dated 15th April, 2021. Commenting on the decision, Maurice Mwaniki, Indirect Taxes Associate Director at PwC Kenya noted, “We expect that with Customs having lifted restrictions on warehousing of goods will help contribute to the Government’s agenda of reviving the economy in light of the ravages of the COVID-19 pandemic, improve cash flow and stock management for businesses. Additionally, we expect this will once again enhance the co

PwC lauds ease of Customs tax

THE STANDARD NEWS By Correspondent | May 10th 2021 PwC has commended the Kenya Revenue Authority (KRA) for lifting restrictions on warehousing of goods in Customs bonded warehouses, noting that the action will enhance the competitiveness of Kenya as a global and regional logistics hub. PWC said the policy will also boost to businesses that utilise Customs bonded warehouses to store goods, defer payment of duties and are involved in regional trade. It however called for consistency in tax law. “We expect that with Customs having lifted restrictions on warehousing of goods will help contribute to the State’s agenda of reviving the economy in light of the ravages of Covid-19, improve cash flow and stock management for businesses,” said Indirect Taxes Associate Director at PwC Kenya Maurice Mwaniki.

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