• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Kenyan President, Mwai Kibaki, speaks at a podium in front of flags.

Kenyan President Accuses Tax Agency of Corruption Amid Economic Struggles

05/26/2023
Vidushi Infotech Powers Global Growth with AI-Driven IT Solutions and 22 Years of Expertise

Vidushi Infotech SSP Pvt. Ltd. Nominated for Go Global Awards 2025 – Set to Join Global Tech Leaders in London

07/02/2025
Vidushi Infotech Powers Global Growth with AI-Driven IT Solutions and 22 Years of Expertise

Vidushi Infotech Powers Global Growth with AI-Driven IT Solutions and 22 Years of Expertise

07/02/2025
PRINTCO SRL Nominated for 2025 Go Global Awards in London

PRINTCO: Romania’s Packaging Powerhouse Pioneering Innovation and Sustainability

07/01/2025
PRINTCO SRL Nominated for 2025 Go Global Awards in London

PRINTCO SRL Nominated for 2025 Go Global Awards in London

07/02/2025

HirtProductions Bridges Continents with Spiritually Uplifting Cinema

07/01/2025

HirtProductions Nominated for 2025 Go Global Awards for Excellence in Impact-Driven Cinema

07/01/2025
Trump Ends Canada Trade Talks, Signals Tariffs

Trump Ends Canada Trade Talks, Signals Tariffs

07/01/2025
Trump Signals Flexibility on Tariff Deadlines

Trump Signals Flexibility on Tariff Deadlines

07/01/2025
Canada Retaliates with Steel Quota After U.S. Tariff Threat

Canada Retaliates with Steel Quota After U.S. Tariff Threat

07/01/2025
Trump Warns Japan of New Tariffs Over Rice Trade

Trump Warns Japan of New Tariffs Over Rice Trade

07/01/2025
Tariffs Add $1 Billion Cost to Nike’s Supply Chain

Tariffs Add $1 Billion Cost to Nike’s Supply Chain

07/01/2025
Random Dynamic Resources Ltd Nominated for Go Global Awards 2025

Random Dynamic Resources Strengthens Research Impact Across Africa and Beyond

06/30/2025
supplychainreport
Wednesday, July 2, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Kenyan President Accuses Tax Agency of Corruption Amid Economic Struggles

by Richie
05/26/2023
in Anti-Money Laundering (AML), Compliance, Risk Management

YOU MAY ALSO LIKE

Liberia’s Lonestar Cell MTN Mobile Money Fined for AML/CFT Compliance Failures

AI in Risk Management: Current Applications, Future Potential, and Limitations

Kenyan President William Ruto has accused the Kenya Revenue Authority (KRA) of corruption and collusion with tax evaders, alleging that such activities have led to a reduction in government revenue. During a live-streamed event, President Ruto expressed concerns about corruption, bribery, and collusion within the KRA, hindering government efforts to boost tax collections.

Ruto, elected in August with a pledge to uplift the poor, has faced challenges as the economy grapples with growing government debt, revenue collection shortfalls, and high commodity prices, leading to public protests. As of January, Kenya’s external debt reached $34 billion, contributing to a substantial debt profile inherited from his predecessor.

Annual interest payments on domestic debt have surged over the past decade, straining the government’s cash flow. Public service employees have experienced delays in salary payments, and local authorities have threatened to shut down operations due to delayed cash disbursements from the national government.

President Ruto accused KRA staff of assisting corrupt taxpayers in evading payments and resisting previous attempts to digitize revenue collection. The president emphasized the need to address these issues candidly, asserting that corruption within the tax agency is impeding government revenue.

While the KRA has not responded to the allegations, Kenyan authorities have been actively combating corruption. In May 2019, 75 KRA staff were arrested on suspicion of abetting tax evasion and bribery.

The president disclosed that efforts to enhance tax collections are jeopardized by unscrupulous KRA staff, urging the need for transparency and accountability in revenue collection. Despite local media reports indicating that KRA collected 1.57 trillion shillings ($11.5 billion) in the ten months to the end of April, meeting the government’s target of 2.1 trillion shillings by the end of June remains uncertain.

To address revenue challenges, President Ruto’s administration has proposed tax increases, sparking discontent among citizens and the opposition. The accusations against the KRA underscore the broader economic struggles and efforts to strengthen the country’s financial position.

Stay informed on supply chain news at The Supply Chain Report. Free international trade tools are at ADAMftd.com.

#KenyaRevenueAuthority #PresidentRuto #TaxEvasion #KRAcorruption #KenyaEconomy #CorruptionConcerns #RevenueShortfall #DebtCrisis #PublicProtests #SalaryDelays #GovernmentRevenue #AccountabilityInTaxation #TransparencyInGovernment #TaxReform #KenyaDebt #RutoAdministration #RevenueCollectionChallenges #KRAstaffAccusations #CorruptionInKenya #DigitalTaxCollection

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.