The Tax Laws (Amendment) Bill, 2024, and the Tax Procedures (Amendment) (No. 2) Bill, 2024, propose significant changes across various tax laws to enhance revenue collection, streamline tax administration, and align Kenya’s tax framework with international standards.
In a thought-provoking episode of Show Me the Market on Horizon TV, financial expert and insolvency practitioner Mohamed Ahmed shared invaluable insights on business rescue strategies. The discussion aimed to equip business owners with tools and approaches for navigating financial distress and achieving sustainable recovery.
The CEO of Uchumi Supermarkets, Mr. Mohamed Mohamed, recently appeared on The Capital Point to provide an in-depth analysis of the current state of the retail chain and outline the company’s ambitious turnaround strategy. The conversation shed light on Uchumi’s challenges, its plans for revival, and its place in Kenya’s evolving retail landscape.
In a recent interview with Citizen TV, Mohamed Mohamed, the CEO of Uchumi Supermarkets, provided a comprehensive update on the embattled retailer’s strategy to address its financial struggles and revive operations. The discussion highlighted Uchumi’s efforts to manage its significant debt, innovative plans for the future, and the challenges of navigating a competitive retail market.
The Business Laws (Amendment) Bill, 2024, introduced to Kenya’s National Assembly on November 13, 2024, proposes significant reforms across multiple statutes to create a more competitive, transparent, and modern business environment. The amendments aim to address national economic priorities, enhance investment opportunities, and bolster regulatory frameworks.
