Mobius ’ reprieve in Sh73m tax demand

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A Mobius car during the launch at in Nairobi on November 18, 2014. FILE PHOTO | NMG

Kenya’s only home-grown automaker, Mobius Motors, is facing financial difficulties that has seen it seek court protection from the Kenya Revenue Authority (KRA) tax demands that may force it to shut down.

The High Court has stopped KRA from demanding a Sh73 million tax from the firm due to the its financial constraints.

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