The affordability of war is partly attributed to the fall of the iron curtain, the Soviet Republic. The Union of Soviet Socialist Republics (USSR), with a threat of going to war with the United States during the cold war era, stockpiled lots of weapons. When the USSR collapsed and broke into individual countries, many of the stockpiles were left in the hands of nations struggling to establish themselves. Corruption in such nations meant that this huge stockpiles were available for sale in the International market at throwaway prices.
Independent Kenya has had income tax, corporation tax, trade taxes and excise taxes. The value-added taxes were introduced later. We take a look at taxes in independent Kenya.
1. JSC Defend Move to Buy Luxury Cars The Judicial Service Commission (JSC) has defended its decision to acquire 40 limousines for judges The commission also dismissed a car loan scheme offered by the government for judicial officers as untenable. It further…
Statistics from the Kenya National Bureau of Statistics (KNBS) for last year indicate that the industry’s contribution to the economy came to KES 7.25 Billion in 2011. Why are we nationalising it?
If you are curious about all the weird, strange and just odd ways that people have died around the world, this is the app for you. iDied, from MicroSECONDS Computer Consulting, is indeed a quirky app, name and all, with a database of more than 400…
The observed drop in international crude oil prices may result in a drop in fuel price, though weakening of the shilling could counter this drop and balance things out.
Latest MasterCard survey reveals that 76% of Kenyans commit to increase their savings in the following 6 months mainly motivated by unforeseen emergency expenditure. Only 46% have calculated the total amount that they would need to retire with in order to maintain their lifestyle after retirement.