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 […]
Frustrated BMW Owner Finally Acquires his Own Flatbed Truck
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 Assures Investors that their Returns are in Heaven
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 […]
NHIF to Stop Coverage of Malaria Treatment in a bid to Increase Profits
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 […]
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 […]
Uhuru: Marriage Between Kenyans Prohibited to Curb Poverty
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 to File for Bankruptcy
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 […]
IMF Under Pressure Agrees to Take Brookside Dairy as Collateral for GoK Loan
Kenyans on Social Media have successfully forced IMF to use Brookside Dairy as a collateral for the loans they are about to lend Kenya. Following thousands of appeals on their Social Media page, IMF said that any money they lend to Kenya will be secured using the dairy processing firm owned by the president. Should […]
Introverts Spend 11.9 Days in The Toilet Every Year
A silent pandemic that is robbing humanity of its productivity is the huge amount of time spent by introverts in the toilet every year. Research by the Geneva based Institute of Human Existence shows that on average, introverts spend 47 minutes in the toilet every day, translating to 11.9 days every year. This is a […]