Customer Advisory

Parliament approved and the President signed into law on 11 December 2024 the Tax Laws (Amendment) Bill 2024, the Tax Procedures (Amendment) Bill, 2024, the Statutory Instruments (Amendment) Bill, 2024 and Kenya Revenue Authority (Amendment) Bill, 2024.

Heightened tensions between Iran and Israel are expected to increase freight charges and insurance premiums for shipping vessels on global routes.

The announcement, even though indefinite, could be a big blow in the supply chain The decision by two shipping lines to totally avoid the Red Sea route from next year, amid mounting safety concerns caused by Houthi attacks, is projecting a further costlier importation for East Africans.