Sh4.8bn KRA excise stamp tender gets the green light

Times Tower in Nairobi, the Kenya Revenue Authority headquarters. FILE PHOTO | DENNIS ONSONGO | NMG

The Treasury and Kenya Revenue Authority (KRA) have won a battle challenging a multi-billion shilling tender for tracking, tracing and accounting of excisable goods and duty awarded to a Swiss company after the appellate court ruled that procurement was above board.

The Court of Appeal ruled that there was public participation before the Sh4.8 billion tender was awarded to SICPA Securities Sol. SA of Switzerland.

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