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Business: Adcock Ingram revenues grow to R7.3bn by 4%

South African pharmaceutical conglomerate Adcock Ingram said on Wednesday its turnover rose four percent to R7.3 billion (US$434.1 million) in the yr to June no matter a prevalent monetary downturn, sizable cost-push due to weakness in the rand currency, global supply chain disruptions and declines in demand for some products. The organization said turnover was […]

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Kenya: KRA to focus on debt recovery to bridge revenue collection gap

Kenya Revenue Authority plans to enhance debt recovery to help it meet its revenue collection targets. KRA’s Commissioner for Domestic Taxes, Elizabeth Meyo has asked the staff to focus on pending bills, non-compliant suppliers/withholding agents/importers, and dispute resolution mechanisms to meet the targets. Meyo said that the authority collected Sh 24.73 billion in June this […]