Damartson Consulting

Investments | Personal Finance | Corporate Finance | Accounting | Insurance | 0797722454 | [email protected] ~ We craft personalized strategies.

[Damartson Consulting @damartson]

When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research and analysis before making any investment decisions. "An investment in knowledge pays the best interest." — Benjamin Franklin

[CPA Wachira Joseph @WashiraX]

Finance Bill 2026 is asking for permission to kill local businesses.

Right now, if your company makes profits, you can choose to:

• Reinvest profits back to business
• Or distribute it as dividends to shareholders

Finance Bill 2026 wants that removed. And be replaced by one hard rule. That,

• At least 60% of your profits can be treated as dividends by KRA. Even if you did NOT distribute anything.

“At least” means minimum.

KRA can push it to: 70%, 80% even 90% if they don't like you.

Read that again.

Meaning:

• If you reinvest all your profits in your business, KRA will says:

- Noo. At least 60% must be distributed to shareholders. And since you didn’t, we will assume you did, and demand dividend tax from you.

As a result:
• You are taxed on money you never paid out
• 5%–15% withholding tax on “deemed” dividends

Who is in cooked?
• SMEs reinvesting profits to expand
• Manufacturing businesses expanding
• Real estate firms with paper profits but no cash

Who is safe?
• SEZ companies
• NIFC companies
• REITs
Because their dividends are already exempt.

But for everyone else, this is a forced dividend rule.

The govt is no longer waiting for you to run your business. They want KRA to run it for you.

Is this fair taxation? Or forced extraction?

[Llewellyn Ouya @LlewellynOuya]

When buying Shares, you pay brokerage and statutory fees so let's look at how much it costs;

To buy 1,000 Absa Shares at sh 31;
Order value : sh 31,000
Brokerage charges: sh 403
Statutory charges: sh 169.82

Net Consideration: sh 31,572.82

So the fees are a total of 572.82 out of 31,000 which is 1.84%

(Broker used for this example is AIB-AXYS on AIB DigiTrader App)

[The Kenya Times @thekenyatimes]

Nabo Capital CEO, Pius Muchiri advises 25-year-olds who are employed and still living with their parents not to rush into moving out, but to save at least 50% of their income and invest until their returns can generate 100K

[CPA Wachira Joseph @WashiraX]

KRA is not playing with MPs.

In 2022, each MP was given 7.5M to buy a car.

- Use it for work and,
- After the term, keep it or sell it.

In 2023, KRA caught wind of it.

And quickly fired a tax demand to Parliament of Ksh 1B.

KRA argued:

- Car grants are gains from employment
- If MPs were not in office, they wouldn’t get them
- Ordinary citizens do not get car grants
- If MPs can keep or sell the cars at will, that is a direct gain
- It must be taxed under PAYE.

Parliament pushed back that:

- Car grants are reimbursements for work transport.
- MPs are not employees
- So this is not taxable income

When KRA persisted, the parliament ran to court.

- The tribunal agreed with KRA arguments and demand 100%.

Parliament saw danger.

In December 2024, MPs enacted the tax law amendment bill.

They quickly changed the income tax law to read.

- MPs car grants are not taxable
- Even if the MP owns the asset

And they backdated it to apply from 2022.

KRA still wanted their money.

Parliament ran to high court. Arguing,

- How can KRA tax something we have already declared non taxable retrospectively?

In 2026, High court sided with KRA demand of 1B.

Now the matter heads to the Court of Appeal.

What do you think:

- Are MPs employees?
- Should their car grants be taxed?

[Llewellyn Ouya @LlewellynOuya]

When buying Shares on your phone, some of the terms like limit, market, day/gtd may be confusing so let's talk about it;

If you want to buy a stock on the broker's app i.e AIB, Faida, Dyer & Blair, NCBA, Stanbic, KSL , go to watchlist, click on the stock then click buy.. or simply swipe right on the stock.

Security: Will indicate the Stock you have selected by default so there's nothing to change hapo

Instrument type: Will be Normal by default so nothing to change

Quantity: Indicates the number of shares you want to buy so you key it in (always do your calculations before hand and decide how many shares you want to buy)

Order Type:
LIMIT - Gives you a range of price that the stock is likely to move within the current trading period so you enter your desired price.. if the price hits your desired price within trading period, broker executes.. if not, the order is rejected. If you want an easy trade, just put limit then key in the current stock price.
MARKET - Executes immediately using current market price (however, normally more costly than when you use Limit)

Price - Key in your desired price when using LIMIT.. if you use MARKET, you can't key in price

Validity:
DAY - means that the order is only valid in the current day (9:30am-3pm).. if order isn't executed by close of market then it bounces.
GTD (Good To Day) - gives you an allowance to add several trading days during which the order is valid.

Trading mode:
DELIVERY- Normal stock purchase
INTRADAY- For daytrading.. means that you will buy and sell the stock on the same day

Date - only edit when using GTD to set the date that the order is valid till

Buy - when you click buy, you will see the total cost of the stock plus statutory charges plus brokerage fees.. if you have the total amount in your funds section, confirm BUY

The order will reflect in orders and once executed you'll see the stock in your portfolio and your invested and current values in your dashboard will be adjusted.

Process to SELL is similar.

[Terryanne Chebet @TerryanneChebet]

Top 5 Richest People in NSE

1. Philip Ndegwa family
Portfolio value: $180.80 million (KSh23.3 billion)
Holdings: 14.94% stake in NCBA Group

2. Mama Ngina Kenyatta & family
Portfolio value: $159.75 million (Ksh.20.5 billion)
Holdings: 13.2% stake in NCBA Group

3. Zarin Merali and family
Portfolio value: $89.97 million (Ksh.11.6 billion)
Holdings: 5.41% stake in NCBA Group; 74% stake in Sameer Africa

4. James Mwangi
Portfolio value: $67.62 million (Ksh.8.7 billion)
Holdings: 3.39% stake in Equity Group Holdings

5. Baloobhai Patel
Portfolio value: $66.87 million (Ksh.8.6 billion)
Holdings: 49.9% stake in Carbacid Kenya; 1.7% of Co-operative Bank, 1.2% of Absa Bank Kenya, 0.5% of CIC Insurance Group

@NSE_PLC
Cc - https://t.co/KgapCmhWOe

[Saitabao ole Kanchory @Saitabao]

This sermon needs to be repeated in all churches across the country every Sunday until it sinks

[saahi @minarchismnow]

@moneyacademyKE Given that we are on the top 10 in the poverty index and so high up in the gdp , can only point to one conclusion.
That the gdp is not spread throughout the economy
The haves
( the political class especially and govt cronies )
have a lot more than the
have nots .

[Moe @moneyacademyKE]

KRA is using bank statements, car registrations, Kenya Power meters, water bills, and Kenya Civil Aviation Authority data to track luxury assets and catch tax cheats under‑declaring income.

[Edwin Sifuna @edwinsifuna]

We dualized Kenol-Marua road so that state ghouls can quickly deliver teargas to Churches in Nyeri? I will keep saying “development” will not make any sense once our national values are abandoned. Roads are nice, but I will choose freedom and democracy any day.

[Mary Njoroge @Maryian96]

Someone has unleashed a fight with Junet,all schools in Suna east zimepigwa picha🤣🤣 and my lord,I can't believe Rao never told Junet to at least work for his people the schools look terrible I really pity the people who elects him🤣💔

[Hon.Moses Kuria,HSC @HonMoses_Kuria]

Recently a doctor friend of mine from India fell ill while he was in Nairobi. He bought over the counter medicines from a pharmacy. We happened to meet after few days and what he told me shocked me. First Pharmaceutical products in Kenya cost 10X compared to other countries . Secondly the molecule strength is 10% quality compared to other countries. All countries have healthcare cartels. But in Kenya the pharma industry Mafia owns a country. The regulator Pharmacy & Poisons Board is a criminal enterprise for protecting cartels. I am happy for Mosop MP Abraham Kirwa for succesful recovery. I now urge him to summon the Ministry of Health to parliament and ask them what they are doing to track and trace all pharmaceutical products coming to Kenya

[Market Cap Trainers @NSE_Investors]

When maths ain't mathing 🤔 Some of these policies have zero advantages if you look at them critically

[Charles Kanjama SC @ckanjama]

After thoughtful consideration & counsel, I will run for President of the Law Society of Kenya (2026-28). The Time is RIPE for a clean principled campaign and leadership focused on Rule of Law, Integrity, Practice & Welfare, and Engagement.

Charles Kanjama SC

#TheTimeIsRIPE

[Dr Boni Khalwale, MD, CBS @DrBKhalwale]

1. ODM Party-A
-Babu Owino
-Edwin Sifuna
-Mama Ida + her children
2. ODM Party-B
-Dr Oburu
-ODM Broad-based Ministers

[Pauline Njoroge @paulinenjoroge]

President Ruto is covering medical expenses way better than SHA. Where can we register for his scheme?

[Mdara Gee @mudharagee]

If you are a democrat or even a Pan Africanist,you just need to listen carefully to this

[Abojani Investment 🇰🇪🇺🇬🇹🇿 @TheAbojani]

Ukielewa hizi vizuri, you'll be ahead of 90% people:
1. Infrastructure Bonds
2. Money Market Funds
3. Real Estate Investment Trusts(REITS)
4. DT-SACCOs and NWDT-SACCOs
5. Listed Companies Stocks/Shares
6. USD Investment Plays
7. Insurance Schemes
8. Retirement Planning
9. Estate Planning - Wills, Trusts
10. Offshore Investments

# OwnershipEconomyKE