Be thankful for the small achievements in your life.
Don't live another person's life.
Run your race. It is fulfilling.
Be patient. Your reward will come.
I have made a video of 251 unfulfilled promises of WANTAM UDA govt led by Kasongo Nabii in Kiswahili for mass reach. It’s worth Watching & sharing✅ with your friends and family.
The Finance Bill, 2026 was published on 30th April and is now before Parliament and every Kenyan deserves to know what is in it.
The government targets Ksh3.63 trillion in revenue for 2026/27 and a wider budget deficit of 5.3% of GDP in the 2026/27 fiscal year (July-June) up from 4.7% in 2025/26. These are not unreasonable fiscal objectives but the manner in which the burden of achieving them is distributed is a cause for serious concern.
On tax filing timelines, the Bill moves the income tax return deadline to April 30th which is two months earlier than the current June 30th and compresses nil return filing to January 31st. This reduces the time available for audit completion, cash flow planning and compliance. For small businesses and individual traders, this is not administrative reform. It is an additional compliance cost they can ill afford.
On mitumba, the Bill inserts a new Section 12H into the Income Tax Act which deems profit at 5% of customs value payable upfront before goods are released by KRA as a final tax. A trader importing a bale worth Ksh1 million pays Ksh50,000 regardless of whether they make a profit or a loss. I cannot in good conscience describe this as equitable.
The Bill increases residential rental income tax from 7.5% to 10%. Absent a serious enforcement framework, this will drive non-compliance rather than revenue. The government must fix the enforcement gap before it increases the rate. One without the other is burden-shifting.
On digital financial services, the Bill removes existing VAT exemptions on money transfers and payment processing. These are the tools of financial inclusion that millions of Kenyans including the very people this government says it wants to reach rely on daily. Making them more expensive will not serve the objective of a broader tax base.
By including interchange and merchant service fees within the definition of management or professional fees for withholding tax purposes, the Bill introduces a compliance burden into automated banking processes. That burden will be passed on to businesses and ultimately to consumers.
The amendment to Section 24 of the Income Tax Act empowers KRA to deem at least 60% of a company's undistributed income as dividends for tax purposes. This fails to account for legitimate decisions on reinvestment, working capital and business growth. It is a retrogressive measure that sends the wrong signal to the investors Kenya needs.
A 25% excise duty on telephones for cellular and wireless networks is proposed. A phone is not a luxury. It is how Kenyans bank, communicate, conduct business and access government services. Parliament must interrogate this carefully.
On PAYE, Kenyans were led to expect relief and a restructuring of the tax bands to ease the burden on salaried workers. That proposal does not appear in this Bill. That is not a minor omission. An explanation is owed to every employed Kenyan who was waiting for it.
To be fair, the Bill is not without merit. The reduction of corporate tax for non-resident companies from 37.5% to 30% improves our investment climate. The extension of the tax amnesty to cover liabilities up to 31st December 2025 provides a genuine and welcome pathway to compliance. VAT exemptions on electric buses, bicycles, dialysers, animal feed raw materials and PPP infrastructure are sensible measures. The clarity introduced on trust taxation ensuring beneficiaries are not taxed on income already taxed at the trust level and the recognition of gratuity contributions as exempt income are also steps in the right direction.
Be that as it may, we cannot afford a repeat of June 2024. Parliament must discharge its oversight role with the seriousness this moment demands. They should not merely rubber-stamp what the Treasury has placed before it. Every clause must be scrutinised. Every punitive or ambiguous provision must be rejected or amended.
#FinanceBill2026 #PublicParticipation
ISRAEL/US has already emerged VICTORIOUS against terrorists who use human beings as their shield for their selfish interests.
To hell with terroristic regimes!
Here are 3 KEY PRINCIPLES of making & creating immense genuine wealth.
1. If you can master boredom. You will master the true essence of creating wealth. Life is very interesting. Very few can stomach boredom & that’s why they say the devil loves an idle mind.
2. Anything sweet in your mouth, is very bad for your body. Anything bitter in your mouth, is very good for your body. True meaning of a beautiful life is found in conquering what we fear the most.
3. Those who have more will be given more & those who don’t have, will have the little they have taken away. Life is brutal. No one owes you anything & your choices define your life, whether you like it or not.
How is your journey of wealth creation coming along?
Men,
Welcome to #MasculinitySaturday 2026, first lesson,
2026 is not the year of explanation.
It is the year of EXECUTION.
Less talking,
Less chasing.
More discipline
More solitude.
More building.
Let others wonder what you are doing.
Let silence be your announcement.