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Keroche Breweries plans to list at NSE
watesh
#11 Posted : Thursday, July 23, 2015 2:37:37 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
And that company recently took a really huge loan...this is really bad
enyands
#12 Posted : Thursday, July 23, 2015 10:11:24 PM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
alma wrote:
Even in tax compliant countries such as the US of Taxation, it is unheard of that the tax regime goes to kill a company employing thousands. Usually, there is a reasonable way to meet one's liabilities.

Tabitha is one tough woman and I can't wait for it to be listed.


Somebody has to step up to the plate and help emerging companies . But we know someone has a big hand on this .someone wants that monopoly dominance.its sad that they will have their way in this
Sober
#13 Posted : Thursday, July 23, 2015 11:40:24 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
watesh wrote:
And that company recently took a really huge loan...this is really bad

😒😃
The thought of listing must be the one that prompted the tax man
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Pesa Nane
#14 Posted : Friday, July 24, 2015 10:49:02 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Tabitha needs to google "Lobbying" then link that to the famous saying "biashara si chama"

Very interesting perspective of lobbying on the Kristie Lu Stout's CNNMoney "On China" interview with Shaun Rein, Alfred Shang and Michael Forsythe - 23 July 2015
Pesa Nane plans to be shilingi when he grows up.
maka
#15 Posted : Friday, July 24, 2015 12:48:01 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
The best way to approach this is to sit with the tax man and see how much she hasnt paid or how much they are claiming then get a way of paying it pole pole over time...Or if she is sure she has paid to the penny she just goes to court.
possunt quia posse videntur
newfarer
#16 Posted : Wednesday, July 29, 2015 6:36:46 AM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Why does KRA want to finish Keroche

www.standardmedia.co.ke/...h1-3b-backdated-tax-bill

Where will they get the taxes from to meet the targets?
punda amecheka
enyands
#17 Posted : Wednesday, July 29, 2015 10:26:05 AM
Rank: Elder

Joined: 12/25/2014
Posts: 2,301
Location: kenya
maka wrote:
The best way to approach this is to sit with the tax man and see how much she hasnt paid or how much they are claiming then get a way of paying it pole pole over time...Or if she is sure she has paid to the penny she just goes to court.


Bro this is possible with IRS but not KRA.Do you remember that city hall guy who was running a multi million empire . I can't remember his name .he tried to make a deal with kra and at first they went for it but later they doubled the taxes kumaliza yeye kabisa . Someone needs to help this lady stand up . Wish she could have talked to Obama she would have survived
Aguytrying
#18 Posted : Wednesday, July 29, 2015 10:41:52 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Because of the hullabaloo I sampled this over the weekend. I swear it tastes like tusker probox. Clearly EA BL don't wanna share the market. This keroche can go places if they survive and continue advertising and being visible. If ^^ don't drown the poor child
The investor's chief problem - and even his worst enemy - is likely to be himself
Mike Ock
#19 Posted : Wednesday, July 29, 2015 1:14:39 PM
Rank: Member

Joined: 1/22/2015
Posts: 682
maka wrote:
The best way to approach this is to sit with the tax man and see how much she hasnt paid or how much they are claiming then get a way of paying it pole pole over time...Or if she is sure she has paid to the penny she just goes to court.


For someone who is an 'Elder,' your naivety is shocking. Ati you just sit down with KRA and organize a payment scheme? Have you never been accosted by government officials? You think those guys come with an intent of being reasonable?

Whenever government officials knock on a business' door in Kenya, 99% of the time it is a shakedown attempt. Usually you just chota them something small and they go away for a long period of time. But in this case a moneyed rival has already chotad the tax man beforehand, so it becomes tricky. But at least Keroche has money too, so I predict it will just devolve into a game of both sides trying to chota the tax officials and judges till they get tired. That and Keroche will also have to pay at least something reasonable to kra if they've not been paying
PeterReborn
#20 Posted : Thursday, July 30, 2015 10:32:40 AM
Rank: Veteran

Joined: 1/3/2014
Posts: 1,063
She has done a good job so far.She now needs to stop running the company like a Kiosk and a professional management team on board.
Consistency is better than intensity
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