MORE PAIN AT THE PUMP AS PRICES SOAR TO AN ALL TIME HIGH

The Energy Petroleum Regulatory Authority, EPRA, has released its monthly review on Super Petrol, Diesel, and Kerosene. In its latest price listings, Super Petrol has increased by KES 16.96, Diesel has gone up by KES 21.32 and Kerosene has appreciated by KES 33.13 in Nairobi This means that a litre of Super Petrol will now …

CBK IMPOSES RESTRICTIONS ON THE SALE OF DOLLARS BY MONEY REMITTANCE COMPANIES

CENTRAL BANK OF KENYA BUILDING | PHOTO COURTESY: KENYAN WALLSTREET As reported by Reuters on Thursday, the Central Bank of Kenya (CBK) has introduced new restrictions on money remittance companies, preventing them from selling more than $100,000 per day to any individual. These revised guidelines stipulate that these companies can only sell amounts exceeding this …

PROPOSAL OF NEW WEALTH TAX FOR CAR OWNERS IN THE WORKS

GRAPHICS DEPICTING VAT Kenyan car owners are set to face a significant financial burden, as the National Treasury has proposed a novel tax for vehicle buyers. The National Treasury is suggesting the implementation of a Motor Vehicle Circulation Tax, which will specifically target Kenyan individuals when they purchase car insurance. The Ministry under the leadership …

UNLOCKING THE PATH TO WEALTH: BUILDING FINANCIAL ABUNDANCE

Welcome to this eye-opening post where we will embark on an exciting journey to uncover the secrets of building wealth and achieving financial abundance. Wealth is not an elusive dream reserved for a select few but a path that anyone can tread upon with the right mindset, knowledge, and perseverance. In this script, we will …