The National Treasury proposes a Minimum Top-up Tax for multinationals in Kenya with annual turnovers of at least Sh100 billion
They say if their effective tax rate is below 15%, these companies will pay this additional tax to align with global standards.@Osama_otero
The High Court has agreed with the SRC's decision to reduce the monthly stipend for medical interns from Sh200,000 to Sh70,000.
Both sides have 90 days to negotiate the specific clause in the CBA about intern pay.@Osama_otero
Blow to impeached DP Rigathi Gachagua as High Court sets aside conservatory orders, paving way for the swearing-in of Kithure Kindiki as Deputy President. @Osama_otero
Auditor General reveals KETRACO is in a financial crisis, with debts Sh18.5 billion higher than its assets With Sh20 billion in current assets and liabilities over Sh39 billion, doubts grow about KETRACO’s ability to pay its bills,especially amid ongoing big tenders @Osama_otero
Kenya Power has resumed dividend payments after a six-year break, rewarding shareholders with Sh0.70 per share following a net profit of Sh30 billion for the year ended June 2024. @Osama_otero
Beautiful Roads Network in Habaswein, Wajir County.
-Habaswein Town was the fastest-growing urban area in Kenya by Population between 2009 and 2019
- The town was the 48th largest in Kenya by population during the 2019 Census
- The town finally got its first tarmac road
📷…
President William Ruto has hinted at the reintroduction of the Finance Bill, 2024, which he withdrew following countrywide protests two months ago.
He said that several projects his administration had planned to carry out are on hold due to a lack of funds
KeNHA says that if tolling on major roads is successful, the fees collected will be used to maintain the specific road from which they were collected, and the fuel levy will be used to fund new road projects
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