Choppies Kenya deal embroiled in P100m tax row

Friday, January 08, 2016

Choppies is hopeful the tax dispute will be resolved soon

Choppies’ trailblazing expansion into Africa could be derailed in Kenya over a Sh946 million (P104 million) dispute between its acquisition target, Ukwala Supermarkets and that country’s Revenue Authority.

Ukwala Supermarket’s bid to sell its outlets to Botswana’s Choppies Enterprises was last month stopped until the P104 million-tax dispute between the retailer and Kenya Revenue Authority (KRA) is settled.

Choppies CEO, Ramachandran Ottapathu confirmed the dispute but said he was hopeful the issue would soon be settled amicably.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

selefu

4 h ago

Tribunal cancels P1.8bn tender

Innocent Selatlhwa | 22 Nov 2024

Khama IV finally breaks BaNgwato royal jinx

Sechele Sechele | 22 Nov 2024

May we borrow your youth?

Bongi D D M Radipati | 22 Nov 2024

Boko’s fiscal path takes shape

Mbongeni Mguni,Pauline Dikuelo,Lewanika Timothy | 22 Nov 2024

BDP was never a liberation movement

Monageng Mogalakwe | 22 Nov 2024

Housing provision tops Boko’s priorities

Spira Tlhankane | 22 Nov 2024

Boko ‘mute’ on immediate promises

Spira Tlhankane | 22 Nov 2024

The corrupt must be punished

The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...

Mmegi Editor | 22 November 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More