Troubled retail operator Nakumatt Holdings has received accolade in neighbouring Rwanda after it was recognized as the best taxpayer.
Nakumatt Rwanda, which operates 3 retail stores in Kigali, took home the 2016 Best Taxpayer trophy as well as the Best Electronic Billing Machine (EBM) user award last Friday.
Rwanda Revenue Authority (RRA) Commissioner-General, Richard Tusabe, hailed Nakumatt’s win saying the retailer and other private sector players had helped drive up tax compliance due to adoption of tamper-proof technology accounting.
“Tax compliance in the country is steadily edging up with continued support from various economic fronts including the private sector,” Mr Tusabe said.