KRA’s Direct Bank Account Surveillance, Fuel Subsidy Shift & Serena Hotels’ 188% Profits surge cover art

KRA’s Direct Bank Account Surveillance, Fuel Subsidy Shift & Serena Hotels’ 188% Profits surge

KRA’s Direct Bank Account Surveillance, Fuel Subsidy Shift & Serena Hotels’ 188% Profits surge

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In this episode of Kenyan Market Daily, we explore key financial and policy developments shaping Kenya’s economy. The Kenya Revenue Authority (KRA) is set to get direct access to suppliers’ bank accounts from July to curb tax evasion. Meanwhile, despite falling shipment costs, fuel prices remain unchanged due to reduced government subsidies.

We also unpack why aggressive pension schemes are trailing their peers, TPS Serena’s stunning 188% profit surge and dividend comeback, and how lifting the moratorium on new bank licenses may unlock fresh foreign investment.

Stay informed, stay ahead.

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Courtesy: Business Daily

Follow us:
Website: www.kenyamarketplacedaily.wordpress.com
TikTok & Instagram: @kenyamarketdaily

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