Kenyans could soon breathe a sigh of relief after the Finance committee shot down a proposal by the ministry of finance to increase taxes on certain basic commodities. According to reports, the finance committee in parliament has proposed a drastic reduction of taxes on basic commodities including maize flour, wheat flour, cassava and liquid petroleum gas.
Members of Parliament have rejected National Treasury proposals to impose VAT on basic food items including maize and wheat flour, which would have resulted in severe price increases despite the present high cost of living. The Finance and National Planning Committee, led by Homa Bay Woman Representative Gladys Wanga, presented the Finance Bill 2022 to parliament, noting that Kenyans were struggling to make ends meet and that the tax proposals would be a needless burden.
The finance committee has shot down proposals by the national treasury to tax maize wheat and cassava flour. The committee has also recommended that the tax on liquid petroleum gas be reduced by half. Prices of beauty products and nicotine will increase as the committee's recommendation is carried through parliament after taking in the views of the public on the finance bill of 2022.
Kakamega governor, Wycliffe Oparanya, says Today, Wycliffe Oparanya addressed his nomination as the future finance minister. While announcing Martha Karua as his running mate, Raila Odinga also gave Musalia Mudavadi the finance ministry should he win the August elections. Oparanya has stated that the decision to nominate him to that influential ministry was not his.
Kakamega governor Wycliffe Oparanya Wycliffe Oparanya has today addressed his appointment as finance minister designate. Raila Odinga while unveiling Martha Karua as his running mate also gave Musalia Mudavadi the finance ministry should he win August general elections. Oparanya has said the decision to appoint him in that powerful ministry did not come from him.
With Kenya left with less than 3 months to 2022 general elections, couple of recent conducted opinion polls have given Ruto an upper hand of becoming the next President, but the question many Kenyans are asking is who is financing his campaigns? A week after Raila launched his StateHouse bid with the full backing of Mt Kenya foundation, today the succession race has taken a new twist after a list of 5 billionaires 2 from Mt Kenya emerged and are busy financing Ruto's 2022 presidential bid.
The incumbent Kakamega governor Wickliffe Oparanya has changed tune on finance slot at the treasury after Raila Odinga offered him CS finance during the naming of Azimio running mate mid this month. He has said that it's not him asked for that position and he was even shocked with the news.
Only two horses are in the race for the August general election. According to a recent poll, a lot has changed since the Azimio coalition and UDA party named their running mate. After the announcement of running mates, many Kenyans have big questions about who might be financing UDA party leader William Ruto's presidential bid.
Several people believe that one of the easiest ways to become a millionaire in Kenya is by selling cars. However, this is not the case as selling cars is quite tiring and frustrating especially if you are new to the business. If you ask around, you will realise that most car dealers sell a maximum of four cars in a month.
Higher Education Loan Board has this early morning sent a message to all Kenyans via their official verified Facebook page concerning the Kenyans who are working as staffs in the Kenya Revenue Authority (KRA). Higher Education Loan Board HELB has this morning informed the Kenyans who are working as Kenya Revenue Authority staff that they can finance your certificate, diploma or even under graduate at KESRA.
Currently, purchasing a motorcycle in Kenya might be petty hard. This is because many companies are working hard to convince people to purchase bikes on hire-purchase. This is because the companies can make more profit by selling motorcycles on hire purchase. Even though purchasing a motorcycle on hire purchase might look like an easy way of owning a bike, here are some reasons why I would not advise it.
Several Kenyans always dream of owning a car before the end of their life. However, several people do not get to live this dream because cars are very expensive to purchase. Below are some of the easiest ways to own a car in Kenya if you do not have enough capital to pay for a car.
Image: Courtesy. The trial based opening of the 27 kilometers Nairobi Expressway on Saturday ignited heated conversations in China after a number of publications posted their views. An article posted on South China entitled 'Nairobi tollway an example of China's New belt and road financing approach in Africa' hailed the Sh88 billion project but also pointed out the measures taken by China to safeguard its financing of projects.
Kenyans could have to dig more into their pockets in the coming weeks in order to purchase daily food commodities such as cooking flour as the government aims to raise more revenue. This particular revenue is supposed to be used in financing the Ksh 3.33 Trillion budget for the 2022/2023 financial year.
Tuko news on Facebook shared information that DJ Joe Mfalme gushed over his wife and said that she stood out among his three ex girlfriends who are kenyans and Claimed that Ugandan women make good wives. This is what Tuko shared on Twitter, "Ni kama mke mwema anatoka Uganda.
The (Independent Electoral and Boundaries Commission IEBC) has suffered a blow in its efforts to rein in uncontrolled financial expenditure by political parties and people seeking public office, following the High Court's refusal to reinstate the spending rules. The High Court has rejected to vacate the National Assembly's decision to repeal the campaign financing limitations (Election Campaign Financing Regulations 2020) set by the Independent Electoral and Boundaries Commission (IEBC) last year.
Economic Recovery Through Digitalization The government continues to invest in essential ICT infrastructure to improve internet connectivity and information accessibility. The following are some of the sector's key allocations: 1: 1.4 billion Kenyan Shillings Eldoret-Nadapal fibre optic cable installation and commissioning 2: Government Shared Services (Ksh 620.0 million). 3: National Data Centre Konza: The government has started installing internet cable in order to improve access the northwest 5.2 billion
As a business owner or manager, you know how important it is to have a handle on your business’s finances. Most business operations can’t withstand financial mistakes and last very long. When surveying the financial situation of a business, there are several documents to consider.
In any relationship, money is key. A relationship where a man is broke always results in disrespect by your partner and other third parties. But if you have money no one can disrespect. It can be frustrating to realize that once you get your own financial plan figured out, you may need to adjust it when you’re in a committed relationship.
Cash is great! It is something that prompts social definition in some random society. Social separation depends on abundance or even the financial status of an individual. If you need to be well known, all you require is cash. Cash is the dad and mother of all that you require in your life. In any case, most importantly, consistently attempt and put God first in whatever you do. Stories have been hitting features concerning the vanishing of Jack Ma or Ma Yun. He is a Chinese business master and previous