Search

Corporate

Kenya Under Fire Over Sh6.5 Billion E-Visa Revenues Held in Swiss Accounts

2 min Read Time

The Kenyan government is facing growing scrutiny following revelations that Sh6.5 billion collected through the country’s e-visa system was held in a Swiss bank account, bypassing the Constitutionally mandated Consolidated Fund. Between August 2024 and February 2025, Swiss firm Travizory Border Security SA managed Kenya’s e-visa platform, collecting visa fees from t.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Coca-Cola Bottler Loses Bid for Sh59 Million Tax Refund
Corporate

Coca-Cola Bottler Loses Bid for Sh59 Million Tax Refund

A leading Coca-Cola bottler in Kenya has lost a bid to recover a KSh59 million tax refund from the Kenya Revenue Authority (KRA) after a...

Read article
Kenya and Ethiopia Sign Landmark AfCFTA Agreement to Boost Cross-Border Trade
Corporate

Kenya and Ethiopia Sign Landmark AfCFTA Agreement to Boost Cross-Border Trade

Kenya and Ethiopia have taken a significant step toward deeper regional economic integration with the signing of a bilateral agreement to implement key aspects of...

Read article
Kenya Cancels Sh190 bn Nairobi–Mau Summit Highway Deal with French Consortium
Corporate

Kenya Cancels Sh190 bn Nairobi–Mau Summit Highway Deal with French Consortium

The Kenyan government has officially terminated a €1.3 billion (approximately KSh190 billion) Public-Private Partnership (PPP) agreement with a French consortium led by VINCI Concessions and...

Read article
Kenya’s Business Pulse: Fiscal Reforms, Steel Relief, and Kenya Airways Profit Surge
Corporate

Kenya’s Business Pulse: Fiscal Reforms, Steel Relief, and Kenya Airways Profit Surge

Kenya’s economic landscape is buzzing with high-stakes reforms and landmark wins as the government sharpens its fiscal discipline and key industries post long-awaited recoveries. In...

Read article
Kenya Moves All Government Tenders Online in Anti-Corruption Push
Corporate

Kenya Moves All Government Tenders Online in Anti-Corruption Push

President William Ruto has announced a sweeping overhaul of the country’s public procurement system, declaring that all government tenders will now be processed entirely online...

Read article
Kenya Revokes License of Chinese-Owned Tobacco Importer Over Regulatory Breaches
Corporate

Kenya Revokes License of Chinese-Owned Tobacco Importer Over Regulatory Breaches

The Kenyan Ministry of Health has revoked the operational license of Shapo Trading Ltd, a Chinese-owned cigarette importer headquartered along Mombasa Road in Nairobi, citing...