Wealth: When Jeff Bezos moved from Seattle to Miami, he shook Washington’s entire budget
Washington’s capital gains tax is unusual by American standards. The state does not tax wage or salary income, but since 2022, it has imposed a 7 per cent tax on long-term capital gains above roughly $262,000 from assets such as stocks and bonds. Real estate sales are exempt.
‘Train Wreck’: Ebb and flow of business and political fortunes of aspiring trillionnaire Elon Musk in 2025
Money isn’t everything, but when it comes to the richest human in the known universe, it’s worth looking at the numbers. Tesla did a bit of flailing this year (more on that in a sec), and historically, much of Musk’s wealth has been derived from the world’s most valuable automaker.
Sucrose-rich Chinese sugarcane variety that matures in seven months on verge of replacing ‘lazy-man’s’ variety in western Kenya
Crevation International Limited Marketing Manager Penina Karimi observed that with proper land preparation, choice of the right varieties, and good market planning, sugarcane cultivation in Kenya can provide steady income and attractive returns.
Kenya’s Safarlink launches flights from Kisumu to Entebbe in Uganda to meet rising demand in EAC
Governor Ntong’o noted that the new flight comes at a very opportune moment when the Lake Victoria Basin Commission (LVBC) recently inaugurated its head office just a stone’s throw from the Airport, thus confirming Kisumu City as a business hub in the East Africa.
Why uptake of biometric IDs in Africa is sluggish, citizens fear breach of their fundamental rights
The authors conclude that as governments adopt biometric digital ID systems to speed-up identification and service delivery, robust legislation must first be in place to protect citizens’ rights and data privacy.
Kenya’s trade minister assures manufacturers on tax predictability, implementation of standards levy order 2025
For clarity, he said manufacturers with an annual turnover below Ksh5 million would remain exempt from the levy, a measure he said has benefited more than 10,000 MSMEs in line with the Bottom-Up Economic Transformation Agenda (BETA).
Kenyan police mission to tackle gangs was undermined by lack of international support – Haitians tell of exhaustion and hopelessness
The first foreign boots since the UN approved a Gang Suppression Force (GSF) to tackle Haiti’s worsening security crisis have hit the ground but there’s little confidence among Haitians that it will be anything but yet another pointless foreign intervention. A batch of 230 Kenyan police officers landed in the...
Kenya says it is ready to work with media as fourth arm of government after executive, legislature and judiciary
The information secretary spoke in Kerugoya Town on Wednesday during the launch of Kirinyaga Media Queens Association. He pointed out that the fact that the media sector remains a key pillar in national development and a vital tool for holding government accountable, shaping public opinion and fostering an informed citizenry
Away from Al Shabaab attacks and contraband sugar and narcotics, Garissa is emerging as Kenya’s ‘capital’ of smuggled fuel from Somalia
Garissa has also become a corridor for hard drugs trafficking such as bhang, ingredients used in shisha, cocaine and heroin are also peddled in large quantities into Kenya from Somalia through the same corridors, which link the Kenyan town to the Somali capital Mogadishu, Kismayo Port and other towns along the Indian Ocean coast of Somalia.
Hotels and tour operators along Kenyan coast launch crow-free campaign to poison 800,000 birds
The council has set a fundraising target of Ksh10 million before the end of the year to sustain the control programme. A fundraising event has been scheduled for December 13 at Fort Jesus Gardens, bringing together stakeholders from the tourism, hospitality, leisure, transport and logistics sectors.
