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TWG Global is pushing back on fraud reports as federal investigators close in

The holding company also denied plans to sell sports assets at distressed prices, saying the Lakers sale represented a 25% premium to what Mark Walter paid

TWG Global is pushing back on fraud reports as federal investigators close in

We haven't written up this one. Quartz has the full story — the link below goes straight to it.

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Traders to protest over Sh700,000 increase in container customs benchmark

The traders are opposed to the increase in the minimum benchmark for a 40-foot container of consolidated cargo from Sh2.5 million to Sh3.2 million, effective August 20.

  • Kenya Revenue Authority increases container customs benchmark from Sh2.5 million to Sh3.2 million.
  • 28% hike adds Sh700,000 to imported goods assessment, threatening small businesses' profit margins.

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