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Kenya Economy Watch
maka
#1421 Posted : Tuesday, April 25, 2017 7:37:30 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Gatheuzi wrote:
maka wrote:
Giving credit where it's due...the governor has really tried controlling interest rates...it's actually unbelievable that rates have dropped across all tenors despite it being an election year...

Seconded. Were it not for GOK binge borrowing, things could be even better.



possunt quia posse videntur
alutacontinua
#1422 Posted : Friday, April 28, 2017 8:25:30 PM
Rank: Member

Joined: 3/23/2011
Posts: 304
http://www.businessdaily...7442-bdeov0z/index.html

April Inflation hits 11.48% vs. 10.28% last month while YoY Food Inflation hits 20.98% vs. 18.56% in March. What's crazier is that it looks like things could get worse...
You dont have to be great to START but you have to start to be GREAT!!!!!!!!
Angelica _ann
#1423 Posted : Friday, April 28, 2017 9:23:10 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
alutacontinua wrote:
http://www.businessdailyafrica.com/news/Inflation-food-costs-57-month-high-April/539546-3907442-bdeov0z/index.html

April Inflation hits 11.48% vs. 10.28% last month while YoY Food Inflation hits 20.98% vs. 18.56% in March. What's crazier is that it looks like things could get worse...


Not to the ruling class. Good thing it is thick across board for majority of Kenyans. However remember waiting for the sky to fall Sad
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ebenyo
#1424 Posted : Monday, May 01, 2017 9:57:05 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
alutacontinua wrote:
http://www.businessdailyafrica.com/news/Inflation-food-costs-57-month-high-April/539546-3907442-bdeov0z/index.html

April Inflation hits 11.48% vs. 10.28% last month while YoY Food Inflation hits 20.98% vs. 18.56% in March. What's crazier is that it looks like things could get worse...


These means that as investors,we should aim at investments returns of between 25%-30% per annum.
Towards the goal of financial freedom
Ericsson
#1425 Posted : Monday, May 01, 2017 12:46:02 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ebenyo wrote:
alutacontinua wrote:
http://www.businessdailyafrica.com/news/Inflation-food-costs-57-month-high-April/539546-3907442-bdeov0z/index.html

April Inflation hits 11.48% vs. 10.28% last month while YoY Food Inflation hits 20.98% vs. 18.56% in March. What's crazier is that it looks like things could get worse...


These means that as investors,we should aim at investments returns of between 25%-30% per annum.


Yes but unfortunately inflation is at 11.48% your portfolio in the NSE is at -15% for example meaning your combined losses is at -26.48%.
30%++ is the target
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#1426 Posted : Monday, May 01, 2017 1:44:59 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Minimum wage increased by 18%

Bonuses and overtime of sh.100k and below to be non - taxable

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Flo-ology
#1427 Posted : Monday, May 01, 2017 6:40:17 PM
Rank: Member

Joined: 12/17/2016
Posts: 225
Ericsson wrote:
Minimum wage increased by 18%

Bonuses and overtime of sh.100k and below to be non - taxable



Monthly bonuses and overtime or annually?
Reflection Eternal
Ericsson
#1428 Posted : Monday, May 01, 2017 8:09:30 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Flo-ology wrote:
Ericsson wrote:
Minimum wage increased by 18%

Bonuses and overtime of sh.100k and below to be non - taxable



Monthly bonuses and overtime or annually?


Monthly
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
newfarer
#1429 Posted : Monday, May 01, 2017 8:28:20 PM
Rank: Elder

Joined: 3/19/2010
Posts: 3,505
Location: Uganda
Ericsson wrote:
Flo-ology wrote:
Ericsson wrote:
Minimum wage increased by 18%

Bonuses and overtime of sh.100k and below to be non - taxable



Monthly bonuses and overtime or annually?


Monthly

what if I convert my salo to bonus and over time? anything above 12k
punda amecheka
Swenani
#1430 Posted : Monday, May 01, 2017 8:32:33 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Ericsson wrote:
Minimum wage increased by 18%

Bonuses and overtime of sh.100k and below to be non - taxable



Stupid idea

Bonus, overtime and other allowances should be taxed heavily since employers usually hide salaries as taxes.

People's contracts in Inda are going to be revised, somebody will be earning a salary of 12K with 88K in allowances thus end up paying zero taxes
If Obiero did it, Who Am I?
263 Pages«<141142143144145>»
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