Last week, a looming PSV strike in Kenya to protest the price of fuel was cancelled just before it was announced. That is unusual because in a country of dynasties who own guzzlers and hustlers who are sensitive to cost of living, this should have been the mother of all riots. However, it has now […]
Kenya Power has called on Kenyans who cannot afford petrol to consider using electric cars as their primary means of transport. Seeking to cash in on the high fuel prices, Kenya Power said that electricity prices are fairly stable and those complaining should take action and use electric cars. “Complaining never makes anything better. Just […]
Treasury CS Hon. Ambassador Ukur Kanacho Yatani has won the 2021 Jomo Kenyatta Literary Prize for Fiction for his role in preparing Kenya’s financial year 2021/22 national budget. The University of York graduate was awarded for using spreadsheets and others tools to present the greatest work of fiction ever, using numbers. This culminated in the […]
Kenya Revenue Authority is planning to limit the number of times that a person can file nil returns to three years, the maximum time after which a human being must be commercially viable. Speaking during a taxpayers sensitization week, KRA director general said that an increasing number of Kenyans were filing nil returns, yet their […]
Local man scored an own goal against capitalism this week after he found an ingenious solution to having to pay for a flatbed every day to tow his only car, a BMW. The thirty something year old man has lived at the mercies of towing companies since he acquired a BMW three years ago, with […]
Cytonn Investments has assured all the people who invested in The Cytonn High Yield Solutions (CHYS) that they will definitely get their money plus the full returns, here on earth, and if not, most definitely in heaven. Responding to social media noise that CHYS had failed to pay some early investors, Cytonn CEO Edwin Dande […]
As businesses in Kenya continue to face tough operating environments and decreased earnings, many are doing all things possible to avoid being in the red. The extent of what firms are willing to do to in order to remain afloat has now come to light, with NHIF announcing that it would stop covering malaria treatment […]
Stima Plaza, Kenya Power’s Head Office, has launched multi-million solar power project in an attempt to cut costs and ensure that operations are not affected by power cuts. Speaking during the commissioning of the project that is being done by a Chinese contractor, Kenya Power CEO said that Solar Power was part of their long-term […]
The government of Kenya has announced plans to curb marriage between any two Kenyans as a poverty mitigation strategy. President Uhuru Kenyatta announced that marriages between Kenyans were contributing to misery and poor mental health for the country since two poor people getting married only results in compounded poverty, which is still poverty, albeit, worse […]
Kenya is set to become the first country in modern history to file for bankruptcy after the interest accrued from current loans exceed the revenue collected by the government. The situation means that by 2022, all the revenue collected by the government will not be sufficient to pay the interest from the existing loans, leave […]
