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Elder Lister

Mystery of missing Sh432bn China imports on KRA books
Chinese imports valued at Sh431.9 billion for the first 10 months of last year are missing from official data .

Chinese imports valued at Sh431.9 billion for the first 10 months of last year are missing from official data reported by the Kenya Revenue Authority (KRA), raising concerns over the scale of tax evaded in the election year.
An analysis of official trade data published separately by the two countries' tax authorities has revealed a wide disparity in the value of imports from the Asian economic giant.
Official KRA data, as published by the Kenya National Bureau of Statistics (KNBS), placed the value of imports from China at Sh377.5 billion in the review period.
However, the General Administration of Customs of the People’s Republic of China (GACC), which is the equivalent of KRA, says on its website that the goods exported from China to Kenya during this period were valued at Sh809.4 billion — more than twice the figure given by the KR