KRA owes suppliers over Sh9.4 billion

KRA Commissioner General, Humphrey Wattanga, when he appeared before the National Assembly Finance and Planning Committee on May 23, 2024.

Photo credit: Dennis Onsongo | Nation Media Group

The Kenya Revenue Authority (KRA) has accumulated pending bills of Sh9.45 billion, with the bulk owed to a Swiss multinational security printer, Sicpa SA, for the supply of excise duty stamps.

The taxman asked Parliament to allocate Sh4.47 billion towards clearing the Excisable Goods Management System (EGMS) debt.

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Note: The results are not exact but very close to the actual.