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ECONOMY-FINANCE

List of Items Whose Price Will Increase Beginning Tomorrow & 5 That Will Drop

President Uhuru Kenyatta signed numerous measures on Tuesday, June 21, including the contentious Finance Bill 2022, which will go into force on Friday, July 1. Kenyans will need to dig deeper into their wallets as the new fiscal year begins in order to buy several essential necessities, the cost of which will rise due to higher manufacturing costs and tax rates.

  1 month ago ago
List of Items Whose Price Will Increase Beginning Tomorrow & 5 That Will Drop

ECONOMY-FINANCE

Government has rolled out new rules that will guide the sale of properties in the country

According to the newly approved rules, investors and homeowners who are seeking to dispose off their properties will be subjected to more levies. This follows the signing into law The Finance Bill 2022 that will see those in the real estate sector pay 15 per cent of their profits to the government.

  1 month ago ago
Government has rolled out new rules that will guide the sale of properties in the country

POLITICS

"Keep Doing it Babu" Moses Kuria Lauds Babu Owino After He Forced Speaker to Adjourn House Session

Gatundu South Member of Parliament Moses Kuria has sarcastically lauded his Embakasi East counterpart Paul Ongili alias Babu Owino after Thursday's House drama. Babu Owino was at the epicentre of the drama that unfolded in the National Assembly after he refused to move out even after being ordered to do so.

  4 months ago ago

ECONOMY-FINANCE

Relief For Kenyans As A Commodity Price Is Set To Reduce

Kenyans can smell relief in the ever hardening living cost that has been brought by highly increased cost of basic commodities. This is after a report emerged that prices of cooking gas is to reduced after a long awaited intervention by Parliament. According to the reports by Capital Business News, parliament plan to undertake amendment to the Finance Bill 2022 which is meant to slash the value added tax from the current 16 percent to eight percent in a bid to lower retail cost of the commodity.

  2 months ago ago
Relief For Kenyans As A Commodity Price Is Set To Reduce

POLITICS

Inside Parliament Plan to Raise Prices of Sim Cards, Wines & Spirits

With 67 days until the August 9 General Election, Members of Parliament are also working around the clock to finalize legislation and National Treasury recommendations aimed at funding the Fiscal Year 2022/2023 budget. According to the provisions in the Finance Bill 2022, several items would face increased taxes, causing their prices to rise.

  2 months ago ago
Inside Parliament Plan to Raise Prices of Sim Cards, Wines & Spirits

ECONOMY-FINANCE

Why Flour Prices is set to INCREASE

Kenyans have been warned about a likely price hike in maize and wheat flour, just a day after the National Assembly rejected the Finance Bill 2022's proposal to introduce VAT on the commodities. The Kenya Association of Manufacturers (KAM) and the Cereal Millers Association (CMA) released a statement on Wednesday, May 25, stating that the country was experiencing a maize and wheat shortage due to the ongoing conflict between Russia and Ukraine.

  2 months ago ago
Why Flour Prices is set to INCREASE

POLITICS

Bad News For Alcohol Lovers as Ruto Allied MPs Push For More Taxation

Alcohol lovers could soon start digging deep into their pockets if a bill sponsored by a number of DP Ruto allies in parliament led by Kikuyu MP Kimani Ichungwa is signed into law by President Uhuru Kenyatta. This was after the Ruto allied MPs, through amendments to the Finance Bill of 2022, pushed to increase the prices of wines, spirits, and some beers.

  2 months ago ago
Bad News For Alcohol Lovers as Ruto Allied MPs Push For More Taxation

POLITICS

Speculations As Press Briefing Set After Mudavadi's Moving Speech

Central Organization of Trade Union, COTU Secretary General Francis Atwoli is set for a press briefing just moments after Amani National Congress, ANC party leader Musalia Mudavadi's today earthquake announcements. Taking to his Twitter handle, the Azimio La Umoja allied Leader has slammed Mudavadi's quest wondering who told him he will be the president.

  6 months ago ago
Speculations As Press Briefing Set After Mudavadi's Moving Speech

ECONOMY-FINANCE

More Pain for Kenyans as Prices of Ugali and Chapati Are Bound to Rise

This week, all eyes will be on MPs as the National Assembly launches the public comment period on the Finance Bill 2022, which threatens to raise the cost of living as the country prepares to collect taxes to fund the ambitious Sh3.33 trillion budget for the fiscal year 2022/23.

  3 months ago ago
More Pain for Kenyans as Prices of Ugali and Chapati Are Bound to Rise

POLITICS

Moses Kuria Remarks After The Adjournment Of National Assembly, Raises Fresh Claims

Gatundu South member of parliament Hon Moses Kuria now says that the adjournment of the National Assembly tell may 10th means that Neither the 2022 / 2023 estimated nor the financial bill are likely to be passed in this year's finance year. According to him the Kenya Kwanza Coalition are ready to push the two until after the 9th August so that they can be rightfully implemented by the incoming Kenya Kwanza administration.

  4 months ago ago
Moses Kuria Remarks After The Adjournment Of National Assembly, Raises Fresh Claims

POLITICS

Nation Assembly Asked to "Reject" 2022 Financial Bill.

IN SUMMARY. - The UDA Allied Lawyer has asked National Assembly to reject 2022 Financial Bill. - He says it is not budget for the people but for those who are belching and vomiting on the People’s bare feet. Twitter - The former President of the Law Society Of Kenya LSK Nelson Havi has asked the National Assembly to reject the newly introduced 2022 Financial Bill.

  4 months ago ago
Nation Assembly Asked to

POLITICS

Monday 9th: Headlines Review For The Standard, Daily Nation, The Star, People Daily Newspapers.

Picture Courtesy: Today's Newspapers Headlines. Daily Nation. Headline: Ugali, chapati to cost more on new taxes. MPs are set to take to the public for debate. The Finance Bill, 2022, which seeks to raise Sh50.4 billion to plug a hole in the Sh3.33 trillion national budget, but whose effects, analysts are warning, will lead to hyperinflation, raise the cost of living, increase the cost of production for local manufacturers, and cost thousands their jobs.

  3 months ago ago
Monday 9th: Headlines Review For The Standard, Daily Nation, The Star, People Daily Newspapers.

ECONOMY-FINANCE

Good News For Bar And Wine And Spirits Owners, City Hall Confirms

When you talk about some of the best businesses paying businesses in the country, a bar and a wine and spirits shop ranks pretty highly. Selling of alcoholic drinks is always a nice business to start in the country. It however has not been easy for anyone who wishes to start the business.

  5 months ago ago
Good News For Bar And Wine And Spirits Owners, City Hall Confirms

POLITICS

Monday 11th : Kenyan Newspapers Headlines Review.

Picture Courtesy : Today's Newspapers headlines. Daily Nation. Headline : I will trash Uhuru's 'punitive' Budget. Deputy President William Ruto yesterday opened a new battlefront with his boss, President Kenyatta, over the 2022-23 Budget and asked MPs allied to him to shoot it down when it comes to the House of debate.

  4 months ago ago
Monday 11th : Kenyan Newspapers Headlines Review.

POLITICS

Budget Reading To Proceed On Thursday After Muturi's Green Light

After National Assembly Speaker Justin Muturi provided his approval, the budget reading slated for Thursday this week will go through as planned. Despite the fact that the final estimates and the 2022 Finance Bill have not been submitted to the Houses, Muturi stressed the importance of making every allowance to ensure the exercise runs smoothly.

  4 months ago ago
Budget Reading To Proceed On Thursday After Muturi's Green Light

ECONOMY-FINANCE

Bad News to Kenyans Prices of Products to Increase more Report from Kenya Manufacturers Association

The cost of living in Kenya is increasing as time goes, the price of food, commodities and fuel are rising.According, to The Star Media, companies and manufacturers in Kenya are warning of continued rise of product price at this hard times. The manufacturers have explained themselves stating increase of operation costs and the election jitters.

  3 months ago ago
Bad News to Kenyans Prices of Products to Increase more Report from Kenya Manufacturers Association

POLITICS

Atwoli Finally Responds to Mudavadi Decision to Join Ruto

Francis Atwoli has question the Amani National Congress leader Musalia Mudavadi on his ability to empower workers. Atwoli says that Mudavadi in 1994 while minister for finance, sneaked in the redundancy clause into the Finance Bill of 1994, as suggested by the World Bank, which allowed employers to declare redundancy without consulting workers.

  6 months ago ago
Atwoli Finally Responds to Mudavadi Decision to Join Ruto

ECONOMY-FINANCE

Why This Year's Budget Will Be Read 2 Months Before Time

As we all know, the budget of every financial year is always read in the month of June but this time round, it is set to change from this. The National Treasury led by Cabinet Secretary Ukuru Yatani is now set to deliver the countries budget for the financial year 2022/2023 on Thursday 7 of April.

  4 months ago ago
Why This Year's Budget Will Be Read 2 Months Before Time

POLITICS

And Who Told Him He Is Going To Be President? - Atwoli

Atwoli was angered by the fact that Musalia Mudavadi act of befriending Dp Ruto.He hit back Musalia Mudavadi for acting a good man and yet he is a liar and betrayer.Atwoli could not hide his temper and he was really angry at Mudavadi.He even revealed the crimes which Musalia Mudavadi did in the past.

  6 months ago ago
And Who Told Him He Is Going To Be President? - Atwoli

POLITICS

Francis Atwoli Fires At Mudavadi On His Mission To Empower Workers

Musalia Mudavadi has promised to empower workers in his government supposedly he wins the presidency in August 2022. Mudavadi stated that workers for a long time have been abandoned and their interest not worked on. He blamed COTU boss Francis Atwoli for the mess. Atwoli has fires at Musalia Mudavadi claiming that when he was the Minister in 1994 sneaked into redundancy clause as suggested by World Bank that bar workers from being empowered.

  6 months ago ago
Francis Atwoli Fires At Mudavadi On His Mission To Empower Workers