KRA Targets Mobile Money As They Try to Hit KES 1 Trillion
Kenya Revenue Authority will target be targeting mobile money transfers and the new expanded legislature in its bid to meet the new 1 trillion revenue target set for FY 2012/13. The initial target for the taxman in the new financial year was KES…
The Stocks We Are Watching Today
The securities exchange performed better having closed at 4072.50 up 18.71 points from Monday’s close. Today we maintain our focus on the banking sector, more specifically on Standard Chartered Bank, NIC Bank and Kenya Commercial Bank. COUNTERS KCB – The share closed at KES 29.25, up…
Inside Britam: British American Insurance Company
As we delve into the inner workings of Britam we look at British American Insurance. Who heads it, how does it run and what are its products?
Bring On The Tablet Revolution
Apple thought that it would be “appropriate” to introduce something bigger but not laptop sized to the market. So they made the original iPad. 9.7 inches of touch screen goodness. Initially seen as a “must have” by fans of technology, the iPad became so successful that’s it’s become a tool. And the rest, as they say, is history.
Government Could Introduce Capital Gains Tax (CGT)
The government is prospecting to introduce capital gains tax. Finance minister Njeru Githae told Daily Nation that the ministry is carrying out a study to figure out best ways to administer the tax, while the government seeks to increase its revenue to hit its revenue targets. [Read: The…
8 Things You Should Know This Morning
1. What Does Your MP Actually Get Paid? How much, exactly, do Members of Parliament in Kenya earn? Under the current laws, the pay for MPs and other legislative positions is set by the National Assembly Remuneration Act, which is one of the shortest Acts in the Laws…
Pay Your Electricity Bill via Family Bank
Kenya Power customers can now pay their postpaid electricity power bills at any Family Bank branch countrywide after the two companies reached an agreement aimed at easing electricity bill payments by increasing the number of electricity bill payment options. As posted in…
Safaricom and M-Kopa KES 40 a Day Solar Unit, All You Need to Know
Safaricom Limited has partnered with M-Kopa, a mobile technology company based in Nairobi, to launch a GSM enabled pay-as-you-go solar solution. This credit-sale model is targeted at low income households in rural areas currently dependent on kerosene for lighting and local mobile bureaus for phone charging.
We Will Soon Have Better Beer…And Drink it.
Your beer and whiskey could be getting a lot better, thanks to science. Apparently researchers have opened another can of beer altogether, since they have unlocked the genetic code of barley, a key ingredient in both beer and spirits. This could not only improve yields and disease resistance…
Scholarship Fund Started in Honour of Wangari Maathai
The Green Belt Movement, The Rockefeller Foundation, and the Kenya Community Development Foundation yesterday announced the launch of The Wangari Maathai Scholarship Fund. The fund seeks to encourage and promote a youth-led sustainable development agenda that is grounded…
The Stocks We Are Watching Today
The securities exchange performed better having closed at 4053.79 up 19.71 points from last week Friday’s close. Today we shall be focus on three counters from the banking sector and one other. These are; Carbacid Investments Ltd, Standard Chartered Bank, NIC Bank and Kenya Commercial Bank. A summary of Monday’s…
When Was The Last Time You Sent A Love Letter?
The amount of letters that Kenyans have been sending has been on a drastic decline. According to statistics from from the Communications Commission of Kenya (CCK), during the last quarter of 2012, the total number of letters sent locally declined marginally by 0.6 percent to 16.6 million from 16.8 million in the previous quarter. For the same year, the total number of letters sent declined by 32.2 percent. Maybe letters are getting a little old fashioned.
What Does Your MP Actually Get Paid? A Detailed Breakdown
There's been much talk about the remuneration of MPs and numbers have been flying left right and centre. So let's make this clear once and for all. Just how much money does your MP take home every month?
Safaricom Wins Tax Race
Our taxman, KRA, says that Safaricom Limited has emerged the top taxpayer in the country for the financial year 2011/2012. The top ten taxpayers according to KRA goes as as it is in the order below:- Safaricom Limited East African Breweries…
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