Economics

Graduate Engineers will No Longer Pay Tax in Kenya

Graduate Engineers in Kenya will be laughing all the way to the bank after recent change of the Pay as You Earn Tax policy will see them exempted from paying the dreaded income tax. The new guidelines will see all the graduate engineers become the envy of other professions such as the medics, accountants, teachers

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Economics

Two Kenyan Teachers Set to Win Another Coveted Global Award

Barely a year after Mwalimu Mr. Peter Tabichi won the Global Teacher Prize 2019, another set of teachers have been nominated for the global award. This is after a video of 2 teachers sharing a class in Serian Primary School, Baringo County emerged and trended on social media. In the video, class 8 and PP1

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Economics

Robbers Raid Nairobi Stock Exchange, Make Away With Unknown Number of Shares

While the rest of the world was busy welcoming the new year as best as it could amidst the coronavirus restrictions on parties, gatherings and night curfew, in the Kenyan capital a group of robbers had more nefarious intentions up their sleeve. In a daring heist reminiscent of a Hollywood movie, thieves taking advantage of

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Economics Politics

State Cautions Kenyans Against Using The Solar System

The government has come out to strongly condemn attempts by a section of Kenyans to bypass Kenya Power by utilizing energy from the sun without paying tariffs. In a move seen by analysts as an attempt to cripple the giant state corporation, some Kenyans have taken to harnessing solar power in what is seen as

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Economics

Academic Writing Emerges as Kenya’s Top Foreign Exchange Earner

Academic writing overtook Tourism, Diaspora remittance, loans and proceeds from hacking to become the top foreign exchange earner in Kenya in the first nine months of 2020. In the report published by the Kenya National Bureau of Statistics, Academic writing was noted to have played a crucial role in sustaining the economy even as other

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Economics

Kenya Power Officially Opens their Candle Factory to Fight Solar

Kenya Power has announced the launch of their candle manufacturing plant two years ahead of schedule as the war against solar energy takes a different dimension in Kenya. Speaking during the launch ceremony in Athi River, Kenya Power Head of Innovations and Competitor Suppression Perminas Marisi said that the new factory was expected to help

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Economics

Boost to the Kenyan Economy as Wildlife Embrace Tourism

The Kenyan economy has received a major boost after wildlife embraced tourism, something that had been reserved for human beings. Terming it as the First Tourism Revolution, Tourism CS Najib Balala said that the economy was set to benefit if all the wild animals would leave their parks and take a tour around the human

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Economics

ICPAK drops Generally Accepted Accounting Principles (GAAP) in Favor of Carefully Rigged Accounting Principles (CRAP)

The Institute of Certified Public Accountants in Kenya has finally taken the bold step to demystify accounting and ‘tell it as it is’, by revealing the insider tricks used to create the revered books of accounts. In an attempt to help the mere mortals who cannot tell the difference between debit and credit, ICPAK has

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Economics

Kenyan Engineer Invents an Electric Car that is Powered by a Diesel Generator

A Kenyan engineer has put Kenya on the global spotlight after inventing an electric car that can be used in any part of Africa, including places without electricity. The car which is fully electric is different from all other electric cars in the world today as instead of having a battery bank to store electricity,

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