The Kenya Revenue Authority (KRA) publicly addressed the source of wealth displayed by Kenyan Prince, a known content creator and alleged Forex trader, after he shared a video showing large cash stacks.
Kenyan Prince’s shared video prompted KRA to sarcastically question the origins of the funds in a post on X using Swahili slang to suggest possible illicit sources.
“Hi Kenyan Prince, uliomba ukiface wapi aki, ni mbaya,” KRA wrote.
Kenyan Prince, a self-described forex trader and aspiring politician, responded lightheartedly, turning the interaction into a message promoting legitimate business.
“Now you realise you have started a real hustle, let’s work hard,” he replied.
The exchange between the two parties sparked discussions online about the balance between social media influence, public wealth flexing, and regulatory oversight in Kenya.
Public Response to KRA-Kenyan Prince Exchange
Public reactions to the exchange between KRA and the Kenyan Prince have been mixed, with some highlighting the importance of tax compliance and others emphasising the need to verify sources of income.
“TAX is Automatically Deducted from Your Earnings, before it Hits Your Bank Account, Whenever You Earn Trading FOREX, KRA will never come to you. They celebrate the Partnership.” Said GraviStarLight, an X user.
“But you know one still has to prove the source of funds, right?” Nasirkenya added.
Some commentators welcomed Kenyan Prince’s public disclosure of income, noting that paying taxes on legitimate earnings benefits both the individual and the wider economy.
Also Read: Why TikTok Deleted More Than 580,000 Kenyan Videos
“This is good, public disclosure of income, good for the Prince since his clean money will contribute to our taxation going forward,” TheGreatMusyoka commented.
“If this man were truly scamming people as claimed and flaunting it online, not a single person has ever come forward on record to say they lost 100 million to Kenyan Prince,” he added.
KRA Crackdown on Tax Cheats Filing Nil Returns
KRA has intensified its enforcement efforts by going after Kenyans filing nil returns despite having income.
The latest crackdown follows the KRA’s reinstatement of the filing of nil returns, which had been suspended to ensure tax compliance in the country.
Also Read: KRA Announces Opportunities Paying KSh7K for University Students in 3rd and 4th Years
Through eTIMS, the Kenya Revenue Authority has identified undeclared transaction earnings from individuals.
In a message sent to a user believed to have evaded tax, KRA revealed via eTIMS that transactions were recorded in 2025 despite filing nil returns for 2024.
“Dear (USER), Our records indicate that while you filed a Nil Income Tax Return for 2024, you earned income in 2025 as evidenced by your eTIMS transmissions,” read the message.
The authority has also advised the individual to log in to the iTax portal, file the pre-populated 2025 tax return, and pay any outstanding tax.
“Consequently, your pre-populated 2025 Income Tax Return is ready for filing. Please log in to iTax to file your return and pay any tax due,” stated the Kenya Revenue Authority
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