Proposed Tax Registration at Birth
The proposal by Kenya Revenue Authority (KRA) to have all Kenyans above 21 years be required to file tax returns, irrespective of whether they are earning an income, would see people being registered for tax at birth. If the above proposal is approved, KRA…
A Philosophy of Failure
Most of my articles are based on my life experiences, interactions with others and the works of other business writers. One of my favourite writers is J. D. Roth, and this post is largely a reflection of her old post titled: A Philosophy of…
What You Can't Afford, Do Without
Someone shared a video on Twitter yesterday. In it, we found some invaluable lessons we thought we should share with our readers. Speaking in the video, Caroline Mutoko, an acclaimed radio presenter has these words for us: What you can’t afford, do without. The pressure to try and find an…
Mobile Loans with M-Pepea
Salaried people can now access small short term loans through a genius mobile application called M-Pepea. Raven Ltd the company behind M-Pepea uses the application to advance small emergency loans to borrowers. M-Pepea which Raven Ltd launched in 2010 is a fast and convenient lending service. A…
A Budget Could Cause You to Spend More?
Have you ever thought that maybe the people who choose to go shopping guided by the wind in the pockets, without any budget, might know something that we do not know? The ones who randomly buy things without care or worry. One of those many ‘new research findings’ is claiming…
Are You Ready To File Your Tax Returns?
Imagine having to file your tax returns irrespective of whether you earn an income or not. Do you even know what filing your tax return entails? I am pretty sure most people have no clue. A quick spot check in the office revealed that most…
The Best Place to Retire on Earth
Cuenca, Ecuador has been forwarded as the best place to retire on earth and it sounds lovely. Truth is, it's Nairobi.
Forget Buying Cheap, Buy Value
In an article on Richdad.com, Robert Kiyosaki, the author behind the best-selling book Rich Dad, Poor Dad startled me. He writes: The other day a friend of mine approached me excitedly, saying, “I found the house of my dreams. It’s in foreclosure and the bank will sell it…
The World Richest: Sultan of Brunei
Sultan of Brunei’s wealth increases by 90 Euros every second, meaning that around 5,400 Euros per minute, 324,000 Euros each hour, 7,776,000 Euros a day and 54,432,000 Euros a week. Brunei’s Sultan Hassanal Bolkiah is the president of one of the richest countries in the world.
Loans Easily Accessible in the Coming Days?
So banks in the country have been posting billions of shillings even as the economy and millions of Kenyans struggled in the past five years. But all that has now come to an end. In the coming weeks, as the earnings reporting season for the first three months of 2012 begins,…
Quick Money with Research Writing Companies
At 3 a.m in Kahawa Wendani, a Kenyatta University student bends over his computer, reading and refreshing a page on the Internet. A mug of coffee sits next to him to help keep his eyes open. He scrolls down a page titled ‘available orders’. At some point, he clicks on…
Monetary Policy Simplified
What comes to mind when you hear the words monetary policy? Most probably Central Bank, interest rates and inflation. If one is better informed they’ll probably think about the central bank rates, treasury bills and bonds and the interbank rate. All these are associated to monetary…
Closing Bell 20/4/12
Gainers Price (KES) Change (%) Mumias Sugar Company 6.05 9.01 Car & General Limited 27.25 4.81 British-American Investments 4.95 4.21 Marshalls East Africa Lmited 12.50 4.17 Scangroup Limited 49.00 2.62 Losers Price (KES) Change (%) Olympia Capital Holdings Limited 3.40 9.33 Rea Vipingo Plantations Limited 15.50 7.74 CFC Stanbic Holdings…
Sameer Africa: Infographic on its Profitability
Sameer Africa Limited will have to have sales of 37 billion to report a net profit of 1 billion
'Bad Debtors' to Miss Out on Loans
Individuals and companies who have been listed by banks as bad debtors, will miss out on credit for a minimum of seven years. This is a milestone for the lenders which has been made possible by Credit information Sharing by Credit bureaus,banks and other credit giving institutions. A newly published…
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