Business & Economy3 stories from 1 sources
Authorities Take Action Against Vandalism, Fraud, and Tax Evasion - December 2025
A court in Ndhiwa has sentenced two men to 10 years in jail or a Sh5 million fine each for vandalizing electricity equipment, part of intensified efforts to curb attacks on power infrastructure. In a separate action against fraud, Taiwan announced a one-year ban on the Chinese social media app RedNote after over 1,700 scam cases were detected, resulting in losses exceeding NT$247 million. Additionally, a High Court decision in Kenya bolstered the fight against tax evasion by upholding a significant portion of a Sh773 million tax assessment against a construction company. The company was found to be involved in a "missing trader" scheme.
CCapital BusinessFirst
News Coverage
Friday 4:13 PMCapital Business
Two jailed for 10 years over transformer vandalism in Ndhiwa
Thursday 10:22 PMCapital BusinessFirst
A turning point in the fight against ‘missing trader’, high-value tax evasion
Friday 11:22 AMCapital Business
Taiwan bans Chinese app RedNote over fraud concerns
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