Saturday, 16 December 2023

Ruto Revokes CS Ndung'u's KRA Board Appointments, Shakes Up Tax Agency 

In a move that sent shockwaves through the Kenyan economic landscape, President William Ruto revoked the appointments of five Kenya Revenue Authority (KRA) board members on December 13th, 2023. This decision came just 11 months after Treasury Cabinet Secretary Njuguna Ndung'u had appointed Darshan Shah, Wilkister Simiyu, Fancy Too, Michael Kamau, and Samir Ibrahim to the crucial board positions.

The official gazette notice offered no specific reason for the abrupt revocation, leaving room for speculation and fueling political tensions. However, informed sources close to the matter hinted at concerns over potential conflicts of interest and lack of alignment with the new administration's economic agenda.

Meanwhile, President Ruto wasted no time in filling the vacant positions. He appointed Hadi Sheikh Abdullahi, Richard Ndung'u, Lydia Cherono, and Amolo Ngweno as the new KRA board directors. These appointments signal a clear shift in direction for the tax agency, with a focus on transparency, efficiency, and boosting revenue collection.

"The new board members bring a wealth of experience and expertise in finance, governance, and public service," declared Ruto in a statement. "I am confident that they will play a critical role in transforming KRA into a more efficient and effective organization, one that serves the best interests of all Kenyans."

The reshuffle has sparked mixed reactions, with some applauding the President's decisive action to address potential issues at the KRA, while others have raised concerns about political interference in the board's composition. The coming months will be crucial for the new directors to prove their worth and navigate the complex political and economic terrain surrounding the vital tax agency.

One thing remains clear: President Ruto's move has sent a strong message that he intends to take a hands-on approach to reforming key institutions like the KRA. Whether this translates into tangible improvements in tax collection and economic growth remains to be seen, but one thing is certain - the story of the KRA board reshuffle is far from over.


Labels: , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home