The Treasury and President William Ruto’s Council of Economic Advisors have identified 35 parastatals to be merged under IMF-backed restructuring.

-CEOs who’ve been milking these agencies that don’t make sense will be bundled out.

Hustlers can no longer afford bread anymore. They will have to stick to airburgers washed down with salivary amylase. Praise the Lord, church.

Notable changes around excise on cigarettes:

· Excise on telephone & internet data services increased from 15.0% to 20.0%
· Excise on money transfer services by banks, money transfer agencies and other financial service providers increased 20.0%
· Excise duty on fees charged for

There's some tightening around eTIMS:

· KRA will be empowered to require a tax payer to integrate eTIMS
· Failure to comply with this requirement will see the tax payer slapped with <Kes 2.0M every month..Yes, every month

Here's the catch with this, large businesses are

No nation has ever taxed itself into prosperity.

Rush Limbaugh

One natural consequence of this move is undervaluation of cars and under insurance across the economy

EXCISE DUTY on fees for mobile money transfer services like M-Pesa and money transfer charges in banks, Saccos to rise from 15 to 20 per cent.

Activities frozen in Ahero town as Nyando River burst its banks; police station, hospital, shops and homes submerged.

Manmade #GlobalWarming
The laws of #physics apply.

#Floods in Southern #Brazil affect many food production areas, such as MST Oficial settlements, the largest producers of agroecological rice. What are the repair measures for food producers who are victims of climate disasters? Food supply at risk.

#Burundi is struggling to provide relief to hundreds of thousands and protect infrastructure as #floods cause devastation. africanarguments.org/2024/05/lake-t…

It's our job to put names and faces to the tragic figures of death. Here is our first instalment.

Njoro-Molo road blocked by flood water following heavy rainfall in the area

Heavy downpour in Nairobi disrupts traffic along Thika Road

Some Camps along Talek river are submerged. Evacuation been going on from 4am

Hey Nyakundi. This is a place called Ndarasha on your way to Juja farm hakuna kuvuka plus imebeba watu wailing hii maji

The Cabinet has directed those living within fragile ecosystems prone to flooding, mudslides, landslides and along riparian lands to move out within the next 48 hours.

Ruto Requests Ksh16 Trillion Funds to Combat Climate Change

bit.ly/3Uo2Eks

Kenya has cancelled the contract for the construction of the Nairobi-Nakuru-Mau Summit toll road, citing among other things, high toll fees proposed by the French contractors businessdailyafrica.com/bd/economy/ken…

Just started: the 1st meeting of the Board of the new #LossAndDamage Fund.

Established at #COP27 to bring long-awaited justice for those harmed by the #ClimateCrisis , it still has a long way to go to live up to this expectation.

What's at stake & what are CSO expectations? 🧵