Kenya: KRA Forgoes Sh9.1bn in Taxes to Cushion Consumers From Fuel Price Surge

[Capital FM] Nairobi -- The Kenya Revenue Authority (KRA) has forgone Sh9.1 billion in tax revenue over the past two months following the government's decision to reduce Value Added Tax (VAT) on petroleum products from 16 percent to 8 percent in a bid to shield consumers and businesses from rising global fuel prices. ...