Kakamega County own source revenue rises to $14m but misses $17m target
Among the new revenue sources are charges on electric vehicle charging points, with rural areas paying Ksh4,000 ($32), urban centres Ksh6,000 ($46.37) and the municipality Ksh8,000 ($61.83) per charging point. The county has also introduced new charges for underground fuel storage tanks with a capacity between 10,000 and 20,000 litres.
Upset by financial institutions’ reluctance to deal in cryptocurrency Trump orders kerb on ‘political debanking’
According to Donald Trump Jr, the banks’ behaviour helped to awaken the Trump family to the supposed promise of crypto, as the basis for a parallel financial system in which everybody has custody over their own funds.
For disrupting and democratising traditional banking services, Equity Bank has no equal n East Africa
Omar declared, “Thomas Sankara once said, ‘The ones who feed you, rule you.’ In today’s context, we might say, ‘The ones who finance you, empower you’,” insisting that strong African-owned banks are critical to scaling development and banks like Equity Bank are at the forefront of that mission.
Local media report Kenya plans to reintroduce some tax measures to raise $1.2 billion
The tax proposals to be brought back include an eco-levy on most goods, Finance Minister John Mbadi told the private TV station, adding that sensitive products like sanitary pads would be exempted from the levy.