Kaifa Kariuki

Public finance, labour economics, economics of education, and finance. Entrepreneur in real estate.
email: [email protected],[email protected]

[Kaifa Kariuki @eeKariuki]

@kamisokk He started the Ukraine war, where people from Ukraine and Russia have died or/and are dying every day.For that reason, I don't like him much.

[Kaifa Kariuki @eeKariuki]

@Nafim52349 @anishgiri Why the hate Anish is a super GM..I enjoy his games.

[Kaifa Kariuki @eeKariuki]

@TakeTakeTakeApp Certain Medication has an effect on chess performance. They bring about brain fog in my case and my rating really suffers. I suspect magnus is on some kind of Medication

[Kaifa Kariuki @eeKariuki]

@LivWaffen38569 @general_abn Rapid on lichess not fide

[Kaifa Kariuki @eeKariuki]

@LivWaffen38569 @general_abn I have encountered this on lichess many times! You get ahead by a piece or several pawns. Suddenly your opponents game improves and he's playing very very well! He gets out of the bad position and wins the game! My rating is slightly over 2200 rapid.

[Kaifa Kariuki @eeKariuki]

@ggiste He can't qualify.

[Kaifa Kariuki @eeKariuki]

@Omondielias732 @TheAbojani 1.2 to 2m a month from 8.4 million? That's 24 million a year Thats trippling your capital in one year! It's possible. I could think of a few strategies here. 1. betting sports pesa. 2. ponzi schemes. 3 dealing in illicit drugs. Even @TheAbojani shared your comment 😆.

[Kaifa Kariuki @eeKariuki]

@Emmagospel2024 @TheFigen_ You cant! My bro had to save me when I was little

[cheruiyotkb @cheruiyotkb]

Earning even Sh 500 in dividend or interest can change your attitude on money forever.

Not because it's a lot of money, it isn't.

But because it shows you that you can use affordable amounts from your salaried income to buy passive income.

The merits of reinvesting returns and compounding growth make it a powerful thing.

[Kaifa Kariuki @eeKariuki]

@Oyinkansol73072 People should congratulate the writer of the film as well. Actors just play the part written by talented script writers. Stop being dumb. A movie is good because of this. Not actors!

[Kaifa Kariuki @eeKariuki]

@ivymuthe its not a flat roof! its a hidden roof.

[Kaifa Kariuki @eeKariuki]

@SokoAnalyst I am the parent who's aging 😆

[Kaifa Kariuki @eeKariuki]

@manfromkods @swiffgroup @ClintonObonyo Kwenyu ni weupe kama pamba! Peleka uPumbavu nyumbani na utoe ukabila kichwani!

[Kaifa Kariuki @eeKariuki]

@cfc_gvido Rephrase the question to read who's the worst chelsea player of the season!

[Kaifa Kariuki @eeKariuki]

@DearS_o_n I had absolutely nothing in my 20s. Hustling odd jobs after campus. I accumulated seriously in my 30s.

[CPA Wachira Joseph @WashiraX]

Eastleigh is not laughing with KRA.

Over the weekend, I visited my woria friend in Eastleigh. He owed me camel meat.
He told me: Okuyu, kuja nikupeleke bahali yake.

He took me to a camel meat joint. He told me to order.

I asked the waiter: mko na nini?

He said: rafiki iko ngamia tatu. Ngamia imekaangwa, ngamia blain, na ngami... Before he finished, I asked: Hiyo blain iko na nini?

He said: Imechemshwa na chumvi.

I told him, niletee ngamia choma.

Suddenly, every head turned to our table.

My woria friend quickly took charge. Ordered 3 plates. 2 Blain and 1 imekaangwa.

I have no clue how those chefs do it. But it was the sweetest and softest meat I have eaten this year.
My friend, if you have never eaten camel in isirii, I don't even know why I am talking to you.

• Lesson 1: Those chefs should be arrested. Unaweza malizia school fees ya watoto hapo.

As we stood to leave, I see the one and only Eastleigh mall. Immediately I remember what they did to KRA.

When the mall was constructed. It cost 96 million.

They also said the name Eastleigh mall is a brand. They gave it a brand value of 10% of the building cost. And called it goodwill. A whopping 9 million shillings.

Total cost = 104 million.

That is what they reported to KRA in their 2008 tax return.

They then divided this cost over 13 years. The period to fully deduct building costs from tax. 8M per year. All legal.

From 2008 to 2017, Eastleigh mall and KRA are good buddies. They even say cheers while taking coffee together.

Then one morning in 2017, KRA arrives at Times Tower and finds a letter from Eastleigh Mall.

It reads:

• Hello KRA. You see that 104M we told you. We made a mistake. It's actually 200 million. We now have a fresh valuation report. We want to amend our returns from 2008. Tutoe 104 Million bahali yake tuweke 200 Million.

KRA officer thought his spectacles had been hacked. He removed them. Saw the same numbers live.

KRA asked, what do you mean?

They responded: The amendment will help us deduct higher depreciation and lower our taxes.

KRA rejected it instantly.

It didn't end there.

KRA immediately smelled a tax evasion scheme.

They deployed spies to investigate Eastleigh mall. The spies seized their most critical documents. The most important being management accounts.

The spies returned with a very disturbing report. There were huge understatements between the actual income and what had been declared.

Angrily, KRA slapped the mall with a tax demand of 386M.

The mall protested. They wrote an objection letter to KRA showing they had paid all taxes and that management accounts were just internal projections. They sat and waited for a reply.

Clock started ticking.

At times tower, KRA is sipping chai undecided whether to accept or reject the objection.

As KRA is doing this, KRA is unaware of 1 dangerous sentence chilling quietly in the Kenyan tax laws.

It reads.

- As surely as the sun shall rise tomorrow. Any objection decision issued by KRA after 60 days shall be invalid.

But the Eastleigh accountant knew that sentence very well.

He put 60 beans in his wallet. Every morning, he removed and dropped one bean in his office tin.

Day 61 reached. His wallet is empty. KRA has not responded.

He rushed to the director. Bossi, KRA has not responded. We owe them nothing. Tumeshinda. Call the party.

Many months later, KRA sends their reply.

- Hello mall. We hope this email finds you well. We have not forgotten you. We reject your protest letter. You must pay us 400M.

The mall ran to court.

- They argued that KRA’s failure to respond within 60 days meant the objection was allowed and no tax was due.

• The tax appeal Tribunal said noo. The 60 days is just a mere technicality. Bring us more documents for review. The mall refused to supply more records.

The Tribunal sided with KRA and ordered the mall to pay KRA 386m.

KRA retreated to Times Towers telling the mall na tuliwawon.

The mall ran to the high court.

They argued again, no response within 60 days means no tax.

The good judge asked KRA: Is it true that you responded out of time.

KRA nodded like this.

The judge removed his spectacles.
Paused.

Then sided with the mall.

The mall was ordered to pay zero.

KRA was ordered to pay the mall legal fees.

Case closed.

Lesson 2.

• If KRA does not respond to your objection letter within 60 days, call the party. You have won.

• If KRA pushes, run to court and ask for legal costs. Courts will not hesitate.

[Sholla Ard 🇰🇪 @sholard_mancity]

Here is a copy of the preliminary DDT results by region, fish type, and contamination level:

Lake Nakuru

Tilapia
- 6.15 mg/kg (critical)
- 0.85 mg/kg (high)
- 0.70 mg/kg (high)
Mudfish
- 0.65 mg/kg (high)
- 0.58 mg/kg (high)
Bass
- 0.40 mg/kg (elevated)
- 0.38 mg/kg (elevated)
Carp
- 0.35 mg/kg (elevated)
- 0.31 mg/kg (elevated)

Lake Naivasha
Tilapia
- 0.27 mg/kg (elevated)
- 0.05 mg/kg (low)
Mudfish
- 0.105 mg/kg (low)
- 0.042 mg/kg (low)

Bass
- 0.087 mg/kg (low)
Carp
- 0.073 mg/kg (low)
Threshold used in this preliminary analysis: 0.20 mg/kg.

Lake Nakuru shows the heaviest DDT burden so far.
More data (heavy metals and microbial analysis) coming next.

[Kaifa Kariuki @eeKariuki]

@TheAbojani This is very good advice!

[Elias Al @iam_elias1]

Two economists just published a mathematical proof that AI will destroy the economy.

Not might. Not could. Will — if nothing changes.

The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."

An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.

Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs — which means automating more workers — which means less spending — which means more falling demand — which means more automation.

The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax — a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.

No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.

Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.

Source: Falk & Tsoukalas · Wharton School + Boston University ·
https://t.co/4m8E9jQNYm

[Kaifa Kariuki @eeKariuki]

@TheAbojani Exceeded that target...