The IFB was oversubscribed by 77.8%.
The market determined coupon rate is a sweet, sweet 17.93%. The market weighed average rate was 18.10%.
The government accepted KES 67.06B, though it was looking for KES 50B.
This public notice from the Kenya Revenue Authority has been making rounds with lost of questions around what the implications are.
Here's a quick run through on some background & what this guidance by the authority means for tax payers.
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The visiting Head of State was welcomed at the Statehouse by the First Lady of the Republic of Kenya. He is on a two-day visit as he waits for his plane to be refueled.
So part of my birthday theme this year is #ThisSideOfFortyLearns, and Orchids seem like something really awesome to learn about, so this seems extremely opportune.
I’ll be going…maybe I’ll see you there?
Do come by at @SaritYourCity from 19th to 22nd October to see the vast array of the most fantastic orchids by the Kenya Orchid Society @KenyaOrchid
The theme is ‘From Batian to Kili’, and I must say that the exhibitors have got some gorgeous plants.
You can also buy plants at the exhibition to add to your collection, or to start you off.
Come see my wee little exhibit. I’ll be delighted if you can. 🥰
Looking at the taxes I pay, i've come to the conclusion that technically the government is now officially my highest earning employee, and it does the least amount of work.
'It's probably the most beautiful thing I've ever seen in my entire life' — U2 kicked off its residency at the Las Vegas Sphere this past weekend. Videos from inside the venue show a stunning display of LED lights and other visuals during the band's performance.
If you're looking at either diversifying your portfolio or an easy in into investment, have a listen. the new Dhow app really makes it a lot more approachable to invest in Bonds, and they're extremely low risk with good returns.
https://t.co/pk3nGaG1zo
EPRA has increased fuel prices in Kenya, effective 15th September to 14th October 2023.
Super petrol up by Sh16.96 to Sh 211.64 per litre
Diesel up by Sh21.32 to Sh200.9 per litre
Kerosene up by Sh33.13 to Sh202.61 per litre