Author: Pesa Today

Tax

Taxes–Workers getting loans from their employers have been hit with a new tax increment in the latest State review. In a fresh notice of Tuesday January 23, the Kenya Revenue Authority announced an increased tax rate on loans offered to Kenyans at their workplaces. This increase dubbed Fringe Benefit Tax…

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Business –First Lady Rachel Ruto is a busy lady with noty only church matters but also family businesses which she co-owns. The First Lady own significant stakes in several companies alongside Ruto and other family members. Furthermore, she has key roles in the day to day running of many of…

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Business –Furniture business is synonymous with building and construction or, call this, home ownership – as every Kenyan who can afford to own a home requires quality furniture for furnishing.. Not only the home but also businesses be it shops, hotels and bars which all requires furniture to make them…

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Banned -Senior Counsel Ahemdnasir Abdullahi has been left in shock following a permanent ban by the Supreme Court of Kenya. The Martha Koome-led panel of judges – seven – banned, in the ruling, also banned the lawyer together with his firm Ahmednasir Abdullahi Advocates LLP – and any other representative…

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Hustle -Increasing your revenues through as many businesses as possible can be a very sure way of ballooning income for anyone. Everyone wants to make as much as they can so that to live good life and that is the reason we wake up early morning to go to work.…

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Spending -This month of January comes with so many challenges including strained financial resources. Many families find themselves in a state of confusion because they lacked to plan ahead of time, or simply put, budget upfront. Without making expenditure budget, it is usually not easy to deal with expenses that…

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Funds -The International Monetary Fund (IMF) has given President William Ruto’s administration immediate access to Ksh 65 billion as part of supporting Kenya’s economic recovery programme. This was revealed in the Macro-Economic Outlook report that was presented in the preparation of the 2024/25 Financial Year Medium Term Budget. The National…

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Business -If you are thinking of starting a business in January, one thing you must put into consideration should be the amount of money you are willing to invest. Increased cost of living compounded with taxation in Kenya has led to businesses shutting down instead of opening and, it is…

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Appointment -Statehouse Communication chief David Mugonyi is the new Director General Communication Authority CA of Kenya. ICT Cabinet Secretary CS Eliud Owalo, alongside other appointments, made the announcement on Wednesday December 20 On a similar note, Rose Mkalama has been appointed CEO of Rural Electrification Renewal Energy Corporation. Cabinwt Secretary…

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