I was wondering why YouTube is getting broadcast rights to the FIFA World Cup- especially considering the fact that TV rights are a huge source of revenue for competition organizers.
I didn’t have to go too far to realize what’s happening. Watch the video to find out
Success stories often sound simple in hindsight.
But behind Galxboy 16 stores across South Africa was a journey of timing, persistence, and a relentless focus on customer experience.
For Kegomoditswe Sethosa, growth wasn't just about getting customers through the door. It was about earning their trust through reliable service, fast delivery, and a returns process that put customers first.
A reminder that sometimes the biggest competitive advantage isn't the product. It's the experience.
The Kenyan Deal That Shocked The World - Kenya To The World
He started by selling eye pencils to salons along River Road. Lying at Uhuru Park every day looking for opportunities because he couldn't afford to go back home. She spent a year negotiating the deal. Flying between Nairobi and Paris. Going up a little. Coming down a little. Until the day he finally said fine. Then immediately wondered if he should have asked for more. L'Oréal acquired a Kenyan brand that started at Uhuru Park. She's the one who made it happen.
Watch the FULL story HERE - https://t.co/IuOk3o3JfS
@astarthelight@patriciaithau
There's a full page in the Sunday Nation where the National Assembly seeks to explain the thinking behind a number of provisions in Finance Bill 2026.
What stands out for me:
1. The Assembly says that the proposed deletion of Sec42(14,e) regarding agency notices is designed to strengthen enforcement & enhance recoveries from taxpayers who "deliberately" want to avoid paying taxes using appeals
What the Assembly doesn't say is that even presently appeals at the High Court, by mutual consent between parties involved, attract security from the taxpayer depending on the quantum of the assessment issued by the Revenue Authority.
2. The Assembly argues that Finance Bill 2026 doesn't introduce any new tax on mobile phones. What it does is to consolidate existing taxes under a 25.0% excise duty rate.
What the Assembly doesn't say is that the Bill knocks off three crucial incentives that have been in place for locally assembled phones.
a) The first is input recovery since they are being reclassified from Zero Rated to Exempt
b) The second is excise exemption
c) The third is that while the Bill exempts imported finished phones from IDF & RDL, there's no equivalent relief for the imported inputs for locally assembled devices
3. Regarding the 20.0% Withholding Tax on betting & gaming winnings, the National Assembly says that the idea is to protect society against the practise of betting
What the Assembly doesn't say is that it was Finance Act 2025, just a year ago, that overhauled the tax regime on betting &, among other things, scrapped 20.0% Withholding Tax on gross winnings. We are all for protecting society, it is the flip flop around tax we take issue with.
Angella Okutoyi keeps flying the Kenyan flag high!
She and Egypt’s Merna Refaat have earned ITF US College Tennis Doubles All-American honors.
This is BIG!!!! Congratulations! @Okutoyiangella2 🔥👏🏽👏🏽👏🏽
#NoWeakness
I know we are all heavy on Finance Bill 2026 & submissions but the Central Bank of Kenya (Amendment) Bill, 2026 introduced in the National Assembly this afternoon is extremely consequential.
What are we seeing here?
· There's a proposal to widen the window for CBK's accumulation of precious metals.
1. Currently, the law provides for "buying, selling, importation, export, hold or otherwise dealing in gold or foreign exchange under such terms and conditions as it shall determine".
2. The new Bill proposes to widen this by providing for "buying, selling, importation, export, transfer, hold, refine, or otherwise deal in gold, gold coins & bullion, silver, platinum, any other precious metals or foreign exchange under such terms & conditions as it shall determine.
· There's a proposal to extend the period during which the CBK may extend emergency liquidity assistance to banks or microfinance institutions from the current 6 months to 12 months
· There's a proposal to create a window for CBK to grant loans or advances for fixed periods, not exceeding 3 years, to the Kenya Deposit Insurance
Corporation (KDIC) on the security of Treasury Bills
or other Government securities specified by
the Bank
· Important to observe the widening of the mandate around liquidity, solvency and proper functioning of a stable market-based financial system. The new bill unbundles this into two:
1. Liquidity, solvency, proper functioning &
integrity of a market-based financial system
2. Soundness, safety, and effective regulation of
the banking system
Musings:
· This Bill is a statement around banking sector stability in the country. It is important to read it against the backdrop of the ongoing recapitalisation that has entered its year 2 hurdle in 2026 (i.e. Kes 5.0 billion from Kes 3.0 billion as at close of 2025)
· The Microfinance sector has been haemorrhaging quite a bit with about a decade now of heavy losses registered. Extending that window for emergency liquidity from 6 to 12 months speaks to this reality
· On precious metals & the widened scope, I read here a signal around the growing quest to de-risk the apex bank's portfolio away from US$ & Gold concentration. Curious to see how much of the "foreign currency" bit will be CN¥ denominated given the swap in the SGR facility from US$ to CN¥
My second submission, on behalf of the Tax Research Centre at @StrathU, before the National Assembly's Finance & Planning Committee was on the proposal to amend Sec37E of the Tax Procedures Act & revive the tax amnesty programme.
I made a few points here:
· An amnesty programme is certainly welcome given the rigours taxpayers are undergoing with Incomes & Expenses validation & the fact that many well meaning Kenyans may be inadvertently caught in non-compliance errors they simply couldn't avoid
· In view of bullet point 1 above, why not amend the section to provide for an amnesty programme that runs through the full financial year (i.e. has June 30th, 2027 as its sunset date as opposed to Dec 31st, 2026 as currently proposed)
· Another reason for extending the amnesty programme to June 30th, 2027 is that fact that many taxpayers are still navigating what has been undeniably a far from tidy migration of ledger balances from the legacy system to iTax. Doesn't this present an opportune moment for a clean up?
What Julians has submitted is extremely critical. Extremely.
Right now:
• You partly tell KRA what you earned
• You tell KRA what tax you owe
If finance Bill 2026 passes,
It is KRA that will strictly tell YOU:
• What you earned
• What tax you owe
How?
• By pulling data from anywhere
• eTIMS, banks, third parties, govt ministries integrations, etc
If KRA sends you a tax bill. And it is insane. And you disagree. Who must prove it is wrong?
The bill says it is you.
But here is the danger. KRA is NOT required to tell you:
• Where they got the data from
• Or how they arrived at the figures
So you are left there. Trying to fight numbers you cannot see.
And some of those numbers could be system errors.
Now ask yourself,
- How do you disprove something you don’t even understand? Are you an angel?
What Julians is saying is simple.
If KRA wants to tax you using their data, KRA must prove to you and the courts that that data is:
• Accurate
• Reliable &
• Defensible
Is that a fair argument?
Or should taxpayers just fight ghosts?
@SafaricomPLC@Safaricom_Care please advise on the implication of reducing the fair usage policy cap for silver home Internet package to 2TB from 15TB? That drop is too sharp
🧵Folks, I see a direct line between today’s boycotts and the 2024 protests on Finance Bill. The 2024 movement set a clear political boundary, proving that there is a hard public limit on how much the government can tax Kenyans. 1/5
@SafaricomPLC@Safaricom_Care please advise on the implication of reducing the fair usage policy cap for silver home Internet package to 2TB from 15TB? That drop is too sharp
Aiming to learn more about AI and digital policy in Africa?
I’ve curated a GitHub resource of key policy documents, regulation trackers, organizations, academic research hubs, and publications.
https://t.co/bCRgkreQSA
These were supposed to be done by partners in a revenue sharing model via an EOI document published exactly a year ago. If they built them inhouse, those allegations might be true then.
https://t.co/aNCCUChsxf
If you fail to run the City, just resign & let a competent person do it. Nairobians have elected a government to run the affairs of Nairobi County. They have also elected a National Government to run the affairs of the country. They didn't vote for a cocktail of a Government!