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Keroche To Resume Operations After A Deal With KRA

BY Soko Directory Team · March 16, 2022 12:03 pm

KEY POINTS

The payment plan which is contained in an addendum agreement to the two alternative dispute alternative resolutions signed between Keroche Breweries and KRA was arrived at and signed on March 14, 2022, after week-long negotiations.

KEY TAKEAWAYS

Keroche Breweries CEO Tabitha Karanja has thanked Kenya Revenue Authority for the consideration and for allowing them to resume operations even as they strive to settle the pending taxes. 

Keroche Breweries will be allowed to resume operations after reaching a deal with the Kenya Revenue Authority (KRA) on the tax payment plan. This comes as a sigh of relief to more than 250n employees of Keroche who were set to lose their jobs if the brewer remained closed.

“The payment plan which is contained in an addendum agreement to the two alternative dispute alternative resolution signed between Keroche Breweries and KRA was arrived at and signed on March 14, 2022, after week-long negotiations,” said KRA in a statement.

Read More: KRA’s Incessant Interruption Affected Our Financials, Keroche   

Here is the statement from Kenya Revenue Authority (KRA):

Keroche Breweries CEO Tabitha Karanja has thanked Kenya Revenue Authority for the consideration and for allowing them to resume operations even as they strive to settle the pending taxes. She said Keroche will always strive to abide by the law.

Read More: Statement By Kenya Association Of Manufacturers On The Closure Of Keroche Breweries

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