Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Naira Appreciates to N1,356 as Foreign Reserves Reach 2009 High

    June 15, 2026

    Nigerian Exchange Index Sinks as Investors Lose N984bn

    June 15, 2026

    Bitcoin Price Tops $67k as Investors Return to Positions

    June 15, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Naira Appreciates to N1,356 as Foreign Reserves Reach 2009 High
    • Nigerian Exchange Index Sinks as Investors Lose N984bn
    • Bitcoin Price Tops $67k as Investors Return to Positions
    • Zcash Soars by 25% as Emergency Security Fix Boosts Optimism
    • Inflation, Interest Rate Headwinds Weigh on Midyear US Credit Outlooks
    • Nairobi Securities Exchange Climbs on Automobile, Telecom Stocks Rally
    • Nigeria’s Headline Inflation Rate Climbs to 15.93% in May
    • Ethereum Gains 9% as Bitmine Immersion Tech. Boosts Holdings
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, June 16
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » ECA Strengthens Kenya’s Capacity to curb Profit Shifting

    ECA Strengthens Kenya’s Capacity to curb Profit Shifting

    … and Boost Domestic Revenues
    Julius AlagbeBy Julius AlagbeNovember 26, 2025Updated:November 26, 2025 News No Comments2 Mins Read
    ECA Strengthens Kenya's Capacity to curb Profit Shifting
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    ECA Strengthens Kenya’s Capacity to curb Profit Shifting

    The Economic Commission for Africa (ECA), in collaboration with the Kenya Revenue Authority (KRA), convened a national workshop to strengthen Kenya’s capacity to curb profit shifting by multinational enterprises and enhance domestic resource mobilisation.

    The two-day workshop is part of ECA’s ongoing study on tax leakages in Kenya and Uganda, which examines how profit shifting occurs, estimates tax losses, and proposes targeted policy reforms.

    Opening the workshop, ECA representatives stressed that illicit financial flows, unproductive tax incentives and aggressive profit-shifting practices continue to erode Africa’s fiscal space and undermine progress toward the Sustainable Development Goals.

    “Curbing profit shifting is not simply a technical exercise; it is central to mobilizing the resources needed to finance Africa’s development,” noted Douglas Kigabo of ECA, underscoring the importance of evidence-based policy solutions.

    Participants received hands-on training on ECA’s methodology for estimating tax losses, including the use of country-by-country reporting data and corporate tax returns.

    The practical sessions strengthened officials’ analytical capacity in audit selection, risk assessment and policy design. KRA teams described the training as “highly relevant and immediately applicable” to their ongoing tax administration work.

    The workshop produced several concrete outcomes: strengthened technical capacity; renewed momentum for tax policy and administrative reforms; plans to present findings at the upcoming East African Community meeting to support regional peer learning; and KRA’s commitment to develop an implementation matrix to guide follow-through on key recommendations.

    ECA emphasized that lessons from the Kenya and Uganda studies will inform broader continental efforts to reduce illicit financial flows and improve domestic resource mobilization.

    As highlighted throughout the workshop, addressing profit shifting is essential to building resilient public finances and advancing Africa’s long-term development agenda.

    The workshop’s results mark an important step toward equipping tax authorities with the tools and evidence needed to safeguard national revenues and promote fair and transparent taxation across borders. Conoil to Pay Shareholders N3.5 Final Dividend in Dec.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    Naira Appreciates to N1,356 as Foreign Reserves Reach 2009 High

    Nigerian Exchange Index Sinks as Investors Lose N984bn

    Bitcoin Price Tops $67k as Investors Return to Positions

    Zcash Soars by 25% as Emergency Security Fix Boosts Optimism

    Inflation, Interest Rate Headwinds Weigh on Midyear US Credit Outlooks

    Nairobi Securities Exchange Climbs on Automobile, Telecom Stocks Rally

    Add A Comment

    Comments are closed.

    Editors Picks

    Naira Appreciates to N1,356 as Foreign Reserves Reach 2009 High

    June 15, 2026

    Nigerian Exchange Index Sinks as Investors Lose N984bn

    June 15, 2026

    Bitcoin Price Tops $67k as Investors Return to Positions

    June 15, 2026

    Zcash Soars by 25% as Emergency Security Fix Boosts Optimism

    June 15, 2026

    Inflation, Interest Rate Headwinds Weigh on Midyear US Credit Outlooks

    June 15, 2026
    Latest Posts

    Naira Appreciates to N1,356 as Foreign Reserves Reach 2009 High

    June 15, 2026

    Nigerian Exchange Index Sinks as Investors Lose N984bn

    June 15, 2026

    Bitcoin Price Tops $67k as Investors Return to Positions

    June 15, 2026

    Zcash Soars by 25% as Emergency Security Fix Boosts Optimism

    June 15, 2026

    Inflation, Interest Rate Headwinds Weigh on Midyear US Credit Outlooks

    June 15, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.