Sharp Daily
No Result
View All Result
Sunday, March 1, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

KRA seizes illicit goods worth KES 897 million

Brenda Murungi by Brenda Murungi
March 8, 2024
in News
Reading Time: 2 mins read

The Kenya Revenue Authority (KRA) reported to the Senate Standing Committee on Trade, Industrialization, and Tourism that it has seized illicit goods worth KES 897.24 million in the current financial year.

KRA Commissioner General Humphrey Wattanga informed the committee that these seized items were the result of 976 interventions aimed at curbing illicit trade during the FY2023/24.

This comes amid heightened surveillance which targets to rein in production and sale of illicit liquor which has resulted to loss of lives and revenue to the government.

Wattanga stated that KRA has deployed its personnel to all excisable goods manufacturing facilities nationwide to improve adherence to regulations. The authority has further stationed officers at factories producing excise tax-covered products like beer, wine, spirits, cigarettes, mineral water, soft drinks, and juices, as outlined in the Excise Duty regulations.
The officers, also known as resident staff implement compliance, service support and enforcement initiatives including disclosure of any irregularities and discrepancies to ensure correct payment and filing of excise taxes by the manufacturers.

Wattanga told senators that as resident staff are meant to complement other monitoring measures such as CCTV cameras inside factories wired to KRA system to enhance security.

RELATEDPOSTS

KRA reinstates Nil returns amid compliance drive and system enhancements

February 9, 2026

What the High Court backing for KRA use of bank deposits to assess income means for businesses in Kenya

February 5, 2026

In response to a petition presented before the Senate regarding tax compliance enforcement at manufacturers such as EABL, KRA stated that there have been no changes in manufacturing ingredients with tax implications over the past five years.

It was highlighted that Kenya Breweries Limited accounted for more than 60% of domestic excise collections in the fiscal years 2021/22 and 2022/23.

KRA told the committee that it continues to collaborate with other government agencies within the multi-agency framework to promote legitimate trade and protect the society against harmful products such as illicit alcohol, through various operations, border patrols, surveillance and monitoring of cargo.

Previous Post

CJ Koome defends registry service integration at Huduma Centers

Next Post

Kenya’s Treasury Bill percentage hits historic low

Brenda Murungi

Brenda Murungi

Related Posts

News

MPs raise alarm over domestic borrowing and risk to private sector credit

February 27, 2026
News

Court lifts freeze on Diageo’s EABL stake sale

February 27, 2026
News

African Union and Africa’s Regional Blocs: Integration Ambition, External Influence, and the Trust Constraint

February 27, 2026
News

Investor Rush Signals New Phase of Growth for Kenya’s E Mobility Secto

February 27, 2026
News

BAT investors set for higher returns following improved earnings

February 27, 2026
News

High Court clears way for Diageo’s Sh303 Billion EABL stake sale to Asahi to proceed

February 27, 2026

LATEST STORIES

MPs raise alarm over domestic borrowing and risk to private sector credit

February 27, 2026

Court lifts freeze on Diageo’s EABL stake sale

February 27, 2026

How VAT and Excise Duty Impact Retirement Benefits in Kenya

February 27, 2026

Reducing dependency through better labour market policies

February 27, 2026

African Union and Africa’s Regional Blocs: Integration Ambition, External Influence, and the Trust Constraint

February 27, 2026

February 2026 inflation rate eases to 4.3 percent

February 27, 2026

Investor Rush Signals New Phase of Growth for Kenya’s E Mobility Secto

February 27, 2026

BAT investors set for higher returns following improved earnings

February 27, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024