This tax must not be reintroduced if it was removed to attract more investment at the nse.In any event, capital GAINS and capital LOSSES cancel out more or less. Look at KQ investors, have we not seen a tumble from a high of 130 to the present 10. In all fairness such taxation can only come with rebate in mind for losers.

Inflation as well as investment will be affected.Though my main concern is the social impact of the tax.More taxes to fund corruption and inefficiency is a recipe for chaos.The government should really start paying attention to youth unemployment.A large group of young,energetic and discontent individuals coupled with the rise in social networks and the prominence of civil society on media...time bomb!

Can't really say because it all depends on how the government will handle this issue as it changes the rules.Tax will definitely affect the allocation of resources in different asset classes since the bottom-line will be affected.I believe this might be one intention for the government as well as redirect resources from the proceeds towards what the government intends to pursue.

Stocks might see a rise in traders,volatility,possible new seasonal trends and increased interest in dividends which will impact share price more than before.Longterm,individuals in real estate for income will benefit more than before because the barriers for entry will go up and a possible limited rise in prices caused by lack of supply.Although I am not confident in the demand as it stands.

With financial ingenuity,special investment vehicles might come up.Something I'll be watching is the appeal of REITS.I'm also keen on watching property threads on Wazua to see if people are cashing out and what's happening to real estate prices.

This is a big issue.Land is the preferred investment vehicle for Kenyans.Land will always rise the preferred slogan.So what happens to the gap in income created by the taxman and how will it affect the economy?

If decline in speculation reduces price of land or at least its acceleration,it will be good for future home owners.But targeting landlords at such rates might not really foster longterm commitment.Rent will affect the cost of business while at the same time disposable income is declining.More tax isn't necessarily bad if it helps Kenya because we would all benefit but corruption!

Thinking about it,rising fuel costs and rising cost of rent might be good for online businesses and distribution in terms of economies of scale.

My opinion is that it will not. And why should it, if potential returns are several multiples of your initial investment? What alternative 'investment' will generate higher returns to dissuade these speculators? Govt. will get its share, and the speculator yake. Both are happy. And with news roads being built, the land rush seems not be fading any time soon. (At least judging from my reading of Wazua posts e.g Namanga, Ngong, etc.) Ama unaonaje?