The Kenya Revenue Authority (KRA) has nearly tripled the number of tycoons brought into the tax net in the year ended June, reflecting the results of a clampdown on super-rich individuals who use nominee and offshore accounts to hide their wealth.
The taxman says it identified and roped in 461 high net-worth individuals (HNWIs), whose gross annual incomes is estimated at over Sh350 million, representing a 171.18 percent jump from 170 recruited a year earlier.
