15 Kenyan banks move billions in cash overseas, while KRA faces public outcry over tax penalties.
Analysis: According to a report by the Central Bank of Kenya (CBK), 15 Kenyan banks have been transporting billions in physical cash to countries including the United Kingdom and United States.
Analysis: The Kenya Revenue Authority has been urged to waive tax penalties following public outrage over technical failures in the iTax system that affected return filing ahead of the June 30 deadline.
