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Tag · Transsion Limited

Transsion Limited

2 articles
Transsion Limited · LEAD

KRA Raid on Tecno Transsion Electronics Yields No Action Despite Allegations of Tax Evasion

Nairobi, Kenya – In early 2024, whispers of financial misconduct at Tecno Transsion Electronics’ Nairobi office, located in Cardinal Otunga Plaza, led to a significant investigation by the Kenya Revenue Authority (KRA). Allegations included non-remittance of Pay As You Earn (PAYE) deductions and other tax obligations. In May 2024, KRA conducted a dramatic raid on […]

News
Business

How Tax Evasion by Big Corporations Continues to Hurt the Weakened Kenyan Economy

In Kenya, a nation grappling with economic challenges, tax evasion by large corporations has become a critical issue exacerbating the fiscal strain on the government. This practice not only deprives the state of much-needed revenue but also distorts competition, undermines investment in public services, and deepens economic disparities. A notable example is the case of […]

Business

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