huawei kenya

The Kenyan government is currently investigating a substantial tax waiver granted to Huawei Technologies (Kenya) Limited. The Chinese tech giant was recently the recipient of a tax waiver amounting to Sh1.92 billion (approximately $12 million), a decision that has since come under scrutiny.

The controversy surrounding this tax waiver primarily stems from the lack of clarity regarding the circumstances under which it was granted. The National Treasury, responsible for the waiver, has yet to provide a comprehensive explanation for this decision.

In response to the growing controversy, the Kenyan Parliament has set a two-week deadline for Huawei’s management to justify the circumstances under which they were granted the tax waiver. The Finance Committee turned away top Huawei managers after they failed to explain why the State waived the billions.

Kevin Wen, Huawei Technologies (Kenya) director for enterprise appeared before the committee that is inquiring about the circumstances in which former President Uhuru Kenyatta’s regime granted Ksh620 billion ($4 billion) tax waivers to local and multinational companies during his last term in office.

KRA has already canceled waivers granted to other companies like De La Rue and NCBK.

As the deadline approaches, all eyes are on Huawei and the National Treasury. The outcome of this investigation could have far-reaching implications for future tax waivers and the relationship between multinational corporations and the Kenyan government.

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Nigel Jr.
As a tech enthusiast and expert, Nigel Jr. is dedicated to providing in-depth and insightful content on all things technology. With a background in online journalism, product reviewing, and tech creation, Nigel has become a trusted source for all things tech.

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