Court orders Keroche to pay KRA Sh500m instead of Sh9B within 30 days

[Cortedivoire]

COURT STOPS KRA from collecting Sh9bn from Keroche Breweries bankers, orders the brewer to pay the taxman Sh500m within 30 days pending appeal.

 

[mzeiya]

COURT STOPS KRA from collecting Sh9bn from Keroche Breweries bankers, orders the brewer to pay the taxman Sh500m within 30 days pending appeal.

 

[Aviator]

Still a lot of money. A lot.

 

[Cortedivoire]

BBI can move mountains

 

[Maasai 101]

Still a lot of money. A lot.

I still don't think Tabitha and co. have that amount lying somewhere to pay the taxman. But lets wait and see......

 

[Internet]

Managers na permanent employees wamerarua na kutupa suicide notes kwa sasa. Huyo judge apewe Keroche's only daughter for one weekend

 

[Tuthu wa Ndenderu]

What exactly happened to Keroche ?

 

[Mawaya]

I still don't think Tabitha and co. have that amount lying somewhere to pay the taxman. But lets wait and see......

That's little money they can get from their bankers.

 

[Maasai 101]

That's little money they can get from their bankers.

'500m pending an appeal!!' Their credit worth diminished the moment the taxman knocked on their door. Ama you think bankers dont watch the news? Anyway lets wait and see.

 

[Pamba 1]

I'm a D- material but even paying kra 500 million at ago can damage their accounts.

 

[Kasaman]

COURT STOPS KRA from collecting Sh9bn from Keroche Breweries bankers, orders the brewer to pay the taxman Sh500m within 30 days pending appeal.

That's fair , hope no appeals

 

[Maasai 101]

That's fair , hope no appeals

The earlier ruling still stands.....this was just a repreive pending Keroche's appeal

 

[Ubongo]

The earlier ruling still stands.....this was just a repreive pending Keroche's appeal

They will still be knocked again

 

[Clemens]

Managers na permanent employees wamerarua na kutupa suicide notes kwa sasa. Huyo judge apewe Keroche's only daughter for one weekend

Achukue Tabitha herself, as a sugarcane ages sweetness concentrates on the lower parts.

 

[Mr Black]

I'm a D- material but even paying kra 500 million at ago can damage their accounts.

Kuna pesa companies keep called Capital Reserves and another called Retained Earnings, basically savings which are kept for such eventualities, they should have a few billions in those accounts lying around.

If they do not they could always negotiate with GoK to pay over time.