Choppies Kenya deal embroiled in P100m tax row
Friday, January 08, 2016
Choppies is hopeful the tax dispute will be resolved soon
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.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...