Connect with us

Hi, what are you looking for?


Nakumatt named best taxpayer in Rwanda

Nakumatt Rwanda Country Manager Adan Ramata receiving the Best TaxpayerAward from Chairperson of Private Sector Federation Benjamin Gasamagera

KIGALI, Rwanda, Oct 16 – Regional retailer Nakumatt Holdings Rwanda based subsidiary has been named the best tax paper by the Rwanda Revenue Authority.

Nakumatt Rwanda which operates 3 retail stores in Kigali, Rwanda was adjudged the best tax paper on Friday evening at an event hosted by the RRA to celebrate tax payers in the country.

Nakumatt Rwanda picked the 2016 best Taxpayer award. The firm also received the best Electronic Billing Machine (EBM) user award.

Speaking at the event, RRA Commissioner-General Richard Tusabe confirmed that Tax compliance rates in the country are steadily edging up with continue support from various economic fronts including the private sector.

The RRA Boss disclosed that the Tax body had managed to beat its collection target in the last financial year by more than Rwf8.6 billion based on a total collection of than Rwf1,102.8 billion last year.

Speaking moments after receiving the RRA awards, Nakumatt Rwanda Country Manager Adan Ramata said the firm would continue maintaining prudent tax management systems to support Tax Collection and settlement initiatives in Rwanda.

“At Nakumatt we remain committed to maintainining prudent and ethical business management standards including prompt tax payments,” Ramata said.

The retailer he said had successfully managed to integrate Electronic Billing Machines (EBM) across the branch network in Rwanda.

Last year, Nakumatt Rwanda opened its third Nakumatt store in the country nine years since the firm first entered the fast growing country.

Advertisement. Scroll to continue reading.
Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...