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KRA list reveals Kenya’s billionaire taxpayers
Top, from left: Gitahi Gachahi, Ernst & Young chief executive, Naushad Merali, Sameer Investment chairman, Bharat Thakrar (Scangroup CEO), Baloobhai Patel, Director Sanlam Kenya, Narendra Raval, Chairman Devki Group, and Philip Kinisu, former EACC chairman. Bottom, from left: Pradeep Paunrana, ARM cement CEO, Paul Wanderi Ndung'u, Mobicom Group chairman, Josphat Mwaura, KPMG CEO, Philip Muema, former KPMG partner, Richard Bell, co-founder Wananchi Group, and Andrew S.M Ndegwa, Director NIC Bank. FILE PHOTOS | NMG
Kenya Revenue Authority’s (KRA) publication of the top taxpayers’ list has uncovered more than 100 little-known billionaires, whose net worth appears to have grown only recently, catapulting them into the coveted club of the rich.
