Private firms have received Sh14.2 billion in tax refunds in what is expected to inject much-needed liquidity to oil a cash-strapped economy.
Kenya Private Sector Alliance (Kepsa), a lobby of private business owners, said the arrears were for the financial year 2018/19 and were released in two tranches of Sh11.1 billion and Sh3.1 billion by the Kenya Revenue Authority (KRA).