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Law change spells end for tax-evading global firms

BUSINESS
Multinational companies operating in Kenya will now have to provide the Kenya Revenue Authority (KRA) with income statements of their operations in the country and other jurisdictions.
This is according to proposed amendments to the Income Tax Act contained in the Finance Bill, 2021. The law change seeks to cut revenue losses due to transfer pricing, where multinationals shift their operating costs and profits to countries with lower tax rates.
“An ultimate parent entity of a multinational enterprise group shall submit to the commissioner a return describing the group’s financial activities in Kenya, where its gross turnover exceeds the prescribed threshold, and in all other jurisdictions where the group has taxable presence, not later than 12 months after the last day of the reporting financial year of the group,” proposes the amendment to Section 18 of the Income Tax Act. ....

Nairobi Area , Capital Markets Authority , Nairobi Securities Exchange , Digital Services Tax , Kenya Revenue Authority , Income Tax Act , Finance Bill , Income Tax , Total Kenya , Total Outre Mer , நைரோபி பரப்பளவு , மூலதனம் சந்தைகள் அதிகாரம் , நைரோபி பத்திரங்கள் பரிமாற்றம் , டிஜிட்டல் சேவைகள் வரி , கேந்ய வருவாய் அதிகாரம் , வருமானம் வரி நாடகம் , நிதி ர சி து , வருமானம் வரி , மொத்தம் கேந்ய ,

У Кенії від коронавірусу помер лікар-антивакцинатор

У Кенії від коронавірусу помер лікар-антивакцинатор
unian.ua - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from unian.ua Daily Mail and Mail on Sunday newspapers.

Chapter Association Catholic , Catholic Church , Total Kenya , கத்தோலிக் தேவாலயம் , மொத்தம் கேந்ய ,

Sitoyo Lopokoiyit appointed M-PESA Africa Managing Director

Sitoyo Lopokoiyit appointed M-PESA Africa Managing Director
Shares
Safaricom has appointed Sitoyo Lopokoiyit as the M-PESA Africa managing director, effective April 1, 2021. In his new role, Lopokoiyit will be responsible for growing M-PESA to a fully-fledged financial platform. He will now be in charge of New Business Ventures, Product Management and Development for both Consumer and Enterprise.
Lopokoiyit joined Safaricom in 1st April 2018, having previously served as M-Commerce Director at Vodacom Tanzania from October 2015. During his time at Vodacom, he oversaw the delivery of several transformative products and services; led the turnaround strategy and execution for M-PESA which has resulted in an accelerated growth of M-PESA in Tanzania. Prior to joining Vodacom Tanzania, he was the Head M-PESA Strategy and Business Development at Safaricom. ....

Nairobi Area , Peter Ndegwa , Sitoyo Lopokoiyit , Msc In Information Technology Management , Business Development At Safaricom , Lancaster University In United Kingdom , Financial Services , University Of Nairobi , New Business Ventures , Product Management , M Commerce Director , Vodacom Tanzania , Business Development , Total Kenya , East Africa Region , Information Technology Management , Organizational Change , Lancaster University , நைரோபி பரப்பளவு , மீண்டும் இணைதல் , பீட்டர் நிடேகுவ , ம்ஸ்க் இல் தகவல் தொழில்நுட்பம் மேலாண்மை , நிதி சேவைகள் , பல்கலைக்கழகம் ஆஃப் நைரோபி , புதியது வணிக முயற்சிகள் , ப்ராடக்ட் மேலாண்மை ,

Sitoyo Lopokoiyit appointed Safaricom's M-pesa Africa Managing Director

Prior to Safaricom, Sitoyo worked at Total Kenya as diversification manager and later as the head of Total Solar business, read part of the notice.
Sitoyo also worked for Uchumi supermarkets as a Category Manager and at Chevron Kenya ltd as Business Advisor and Merchandasie Manager.
He holds a Bachelor of Commerce in marketing and a Master of Science in Information Technology Management and Organisational Change.
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We shall initiate the relevant talent sourcing processes to identify and appoint the next financial services leader in due course, the notice said. ....

Sitoyo Lopokoiyit , Financial Services Officer , Information Technology Management , Safaricomm Pesa Africa Managing Director Sitoyo , M Pesa Africa Managing , Chief Financial Services , Vodacom Tanzania , Directorm Commerce , Total Kenya , Total Solar , Category Manager , Chevron Kenya , Business Advisor , நிதி சேவைகள் அதிகாரி , தகவல் தொழில்நுட்பம் மேலாண்மை , தலைமை நிதி சேவைகள் , மொத்தம் கேந்ய , மொத்தம் சூரிய , வகை மேலாளர் , செவ்ரான் கேந்ய ,

Total unveils new packaging for its lubricants in Kenya

Total unveils new packaging for its lubricants in Kenya
hapakenya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hapakenya.com Daily Mail and Mail on Sunday newspapers.

Olagoke Aluko , Eliud Kipchoge , Total Lubricants , Total Kenya , Managing Director , மொத்தம் மசகு எண்ணெய் , மொத்தம் கேந்ய , நிர்வகித்தல் இயக்குனர் ,