The deadline for registered value added tax (VAT) taxpayers to start using new electronic tax invoicing machines was 31 July 2022. But Kenya Revenue Authority added them two months to 30 September, and it has now given new deadline as 30 November 2022. All registered VAT taxpayers must use new …
Read More »Kenya’s president names new cabinet
Kenyan President William Ruto on Tuesday named his nominees to the Cabinet to help steer the country after the 9 August general election. Mr Ruto has retained Mr Simon Chelugui giving him the ministry of Co-operatives and Small Enterprises Development. The president nominated current and former lawmakers to the cabinet. …
Read More »Fuel subsidy cut: Ruto takes medicine even Europeans dread
Governments give subsidies to protect consumers by keeping prices low, but they come at a high cost. Governments might raise taxes or borrow more or lower spending to give subsidies. Removing subsidies and using the money in productive investments could promote a country’s growth without running into problems. On Wednesday, …
Read More »ETR: List of 17 licensed electronic tax register suppliers
Kenya Revenue Authority has given registered VAT taxpayers up to 30 September 2022 to start using new electronic tax registers. The authority said it added two months following the taxpayers’ request. The new type of tax register is replacing the electronic tax register (ETR) whose use started in 2005. All …
Read More »Kenya starts selling avocados to China
Chinese firm Greechain has signed an agreement with Kenya’s Sunripe, where the Chinese firm would be buying fresh avocados from the Kenyan firm. China and Kenya signed two protocols in January to help trade between them. The first cargo of fresh avocados left Kenya for China on Tuesday. This makes …
Read More »August will be cold in Nairobi and 11 counties, says weather forecaster
June-July-August season is predominantly cold for central highlands (including Nairobi), south–eastern bordering Nairobi and some highlands west of Rift Valley (including Kericho). Embu, Kiambu, Kirinyaga, Meru, Murang’a, Nairobi, Nyeri, and Tharaka Nithi counties will be cool and dry in August. In addition, parts of Nyandarua, Machakos, Kajiado, and Laikipia counties …
Read More »ETR deadline: KRA gives more time to taxpayers with proof they began buying the machines
The deadline for value-added tax (VAT) taxpayers to start using new electronic tax invoicing machines is 31 July 2022. The new tax registers would replace the current Electronic Tax Register (ETR) whose use started in 2005. All registered VAT taxpayers must use the new tax register to send their tax …
Read More »Kenya Revenue Authority picks 9 more firms to sell new tax registers
Kenya Revenue Authority has given value-added tax (VAT) taxpayers up to 31 July 2022 to start using new electronic tax invoicing machines. The new tax registers would replace the current Electronic Tax Register (ETR) whose use started in 2005. All registered VAT taxpayers must use the new tax register to …
Read More »Farming technologies to grow crops with less water, no pesticides
Agriculture sector is the backbone of Kenya’s economy, employing 70 percent of the rural population and accounting for 65 per cent of export earnings. However, agriculture’s share of national income is declining because of climate change. Nearly 98 percent of crop production is rainfed, and almost 50 per cent of …
Read More »Black soldier flies: A cheap source protein for animal feed, fertiliser
Black soldier flies could cut cost of feeds to farmers because it is a cheaper alternative source of protein. The fly feeds on waste and lays eggs, which when they become larvae, they could be crushed to make fish and livestock feed. Also, their droppings are organic fertiliser. Black soldier …
Read More »