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News Bamburi Cement pays US$3m tax bill

Bamburi Cement pays US$3m tax bill

Written by Global Cement staff 29 May 2019
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Kenya: Bamburi Cement has paid a US$3m settlement to the Kenya Revenue Authority in a long-running dispute. The figure is significantly less than the US$38.5m the tax authority originally demanded in 2012, according to the Business Daily newspaper. However, the cement producer still owes US$2.8m in penalties, although it has applied to have this waived.

Last modified on 29 May 2019
Published in Global Cement News
Tagged under
  • Kenya
  • Bamburi
  • LafargeHolcim
  • Tax
  • GCW407

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