Govt Announces Changes to How Taxes are Calculated for Manufacturers

The Kenyan government has announced significant reforms to the calculation and administration of taxes for manufacturers, aiming for greater predictability and fairness. These changes, outlined in the Standards Levy Order 2025, include an escalation approach to levies and a review of manufacturing classifications and import inspection charges.

Ukraine President Zelensky willing to meet Trump

KRA Announces Changes in Tax Computation

The Kenya Revenue Authority (KRA) has announced significant changes to tax computation by integrating its Integrated Customs Management System (iCMS) with the iTax platform to enhance the verification of imports and exports for refund processing.

Masikonde awashtumu polisi kwa kumdhulumu

Ukraine ready for “security guaranteed” elections in 60-90 days: Zelensky – China Daily

Ukrainian President Volodymyr Zelensky stated that Ukraine would be ready to hold elections within 60 to 90 days if the United States and European colleagues can guarantee security for the vote. He emphasized his personal will and readiness for such elections.

Mbadi: Kenya spends half of its tax revenue servicing debt

Kenya's National Treasury Cabinet Secretary John Mbadi has announced that the country can no longer rely on increased taxes or further borrowing for major infrastructure projects, as nearly 50 percent of tax revenue is now consumed by debt repayment.