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Money

KRA Delays M-Pesa Paybill Conversion to ETRs, Shifts Focus to Small Businesses and Rental Income Tax

 The Kenyan government has pulled back on its plans to convert M-Pesa paybills into electronic tax registers (ETRs) and is instead focusing on other revenue generating initiatives. Initially the government had set December 25 2024 as the deadline for all digital payment points to be converted into virtual ETRs. This was to close the gaps
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How do I survive in Nairobi with Sh. 29,449 net salary?

 My name is Gerald. I live in Ngara, Nairobi with a net salary of Sh. 29,449. My expenses are; Rent 6,500, Food 3,000, Transport to Westlands 3,000, Savings in a Sacco 4,000 (Haven’t saved for last 2 months), Airtime 1,000, Leadership training 2,000, Spouse 3,000, Miscellaneous 3,000. I have a credit card loan with a
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How I started Sh. 80 million real estate company in Kenya with Sh. 40,000 only!

 Real estate company in Kenya: This feature is originally written and published by PAULINE ONGAJI in the Business Daily. Cash is always in short supply for many university students and saving is the last thing on their minds. However, Moses Muriithi went against the grain and started saving to raise capital for a real estate
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China Square Opens Sixth Outlet at Two Rivers Mall, Expands Further in Kenya

 China Square, a fast growing personal and household merchandise retailer has opened its 6th store in Kenya with a new 75,000 sqft store at Two Rivers Mall in Nairobi. The retailer known for its affordable prices plans to expand further across the country. Expansion in Kenya Since opening its first store at Unicity Mall near
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Kenya Drafts Crypto Policy to Regulate Virtual Assets Amid Rising Adoption

 Kenya has released a Draft National Policy on Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs to address tax evasion, fraud and cybercrime risks associated with cryptocurrencies. This is a big shift from restricting crypto to promoting its safe use in the economy. Key Points in the Draft Policy The policy by the National
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Esther Masanyangila: What I learned after closing my boutique side business

 Esther Masanyangila is an Advocate of the High Court of Kenya and the founding and managing partner of Masanyangila & Associates Advocates which is based in Nairobi. Her business involves legal practice with focus on corporate commercial, litigation and conveyance. Trading in shares appears to be very profitable. But you must have adequate trading skills
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