Economics

KRA to Get a Side Hustle by 2024 – William Ruto

President William Ruto has ordered the Kenya Revenue Authority to find a meaningful side hustle to earn money instead of milking hustlers dry through unending taxes. Speaking after receiving the treasury’s handover report, Ruto noted that KRA had been increasing its revenue target without any plan on how to raise the additional revenue, except to […]

Economics

Kenya’s Roadside Food Vendors Successfully Take Out Million Dollar Startup Kune Foods

In 2021, a white man armed with $1m set out to discover cheap foods in Kenyans. Due to cultural blindness, he couldn’t find any, so he decided to invent the cheap food for Kenyans. The result? Roadside food vendors armed with nothing but cooking pans launched a counter attack. 10 months later, the white man […]

Economics

Fuel Price Must Be Higher Than Beer’s

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 […]

Economics

Kenya Power Calls on the Poor to Embrace Electric vehicles

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 […]

Economics

Ukur Yatani Wins Jomo Kenyatta Literary Prize for Fiction for his work on Kenya’s 21/22 Budget

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 […]

Economics

KRA to Limit Filing Nil Tax Returns to Three Times

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 […]

Economics

Kenya Power Head Office Turns to Solar in Power Cost and Efficiency Strategy

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 […]