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HomeDaily NewsThursday, June 19, 2025Corporate Developments and Reforms
Business & Economy2 stories from 1 sources

Corporate Developments and Reforms

KRA plans VAT reforms while Smart Applications International achieves ISO certification.

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CCapital BusinessFirst

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Thursday 11:30 AMCapital BusinessFirst

KRA plans reforms to make VAT leading tax category source

KRA plans reforms to make VAT leading tax category source

The Kenya Revenue Authority (KRA) is implementing digital reforms to transform the value-added tax (VAT) into the leading tax category in Kenya.

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Key Highlights

The Kenya Revenue Authority (KRA) is implementing digital reforms to transform the value-added tax (VAT) into the leading tax category in Kenya.

  • VAT collection in the 2023/25 fiscal year reached Sh314.157 billion, up from the previous year, driven by the electronic Tax Invoice Management System (eTIMS).
  • The initiative is led by George Obell, Medium and Small Taxpayers Commissioner, who aims to enhance VAT compliance and revenue.
  • eTIMS enables real-time transaction monitoring, reducing fraud and streamlining the VAT return process for merchants.
Thursday 12:58 PMCapital Business

Smart Applications International awarded ISO 9001:2015 Certification

Smart Applications International awarded ISO 9001:2015 Certification

Smart Applications International Limited has received the ISO 9001:2015 certification from SGS Kenya, affirming its commitment to quality in health-tech solutions across Africa.

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Key Highlights

Smart Applications International Limited has received the ISO 9001:2015 certification from SGS Kenya, affirming its commitment to quality in health-tech solutions across Africa.

  • ISO 9001:2015 certification reflects Smart's adherence to global quality standards.
  • Harrison Muiru, Group Managing Director, highlighted the certification as a testament to operational excellence.
  • The company operates in over 12 African countries, enhancing its capacity to engage with institutional partners and regulators.
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