”I Agree" doesn't mean "I'll accept anything." A Kenyan court has ruled that sky high digital loan interest and penalty charges are unfair #nationverticals
A Kenyan court has just delivered a landmark ruling in a medical negligence case that dragged on for almost two decades.
Naila Qureshi sued Dr Raffique Parker and two others over a hysterectomy procedure done back in 2006.
She says the doctor removed her cervix without her consent, and botched the operation so badly that it caused a vesico vaginal fistula.
The damage cost her her job and her ability to earn a living.
Her husband also joined the suit, citing loss of conjugal life and years of suffering.
Justice Alexander Muasya Muteti found the 1st and 3rd defendants grossly negligent.
The hospital was faulted too, for letting a doctor who had been disbarred in Uganda practice on Kenyan patients.
In the end, the court awarded the family a staggering Kshs 157,207,524.20 in damages.
It is one of the biggest medical negligence payouts ever ordered by a Kenyan court.
By David Ndiritu Mwangi:
If your business uses Google Workspace, Microsoft 365, Zoom, Salesforce, or ANY cloud software from abroad, you NEED to read this.
The Finance Act, 2026 has quietly dropped a tax bomb that will hit your bottom line. The government has officially expanded the definition of "Royalty" under the Income Tax Act, and it now catches a broad range of software related payments.
What does this mean for you?
Previously, there was a grey area around whether software licenses, maintenance fees, and SaaS subscriptions were subject to withholding tax. That grey area is GONE.
The new law now explicitly classifies the following as Royalties:
- Payments for ANY software (whether custom-built or off-the-shelf)
-License fees, development fees, training fees, AND support/maintenance fees
- Payments related to digital payment networks (Visa, Mastercard, etc.)—even if called "service fees" or "processing fees"
The Cost Impact
Because these are now royalties, you are required to withhold tax at 20% for non-resident providers (or 5% for local providers).
Here is the painful part: Most global tech giants (like Google, Microsoft, and Salesforce) do NOT accept "net" payments. They want their full invoice amount.
As such you need to grossup the invoice amount.
Example:
Your Google Workspace annual bill: USD 1,200 (this is what Google must receive)
Withholding Tax due (20%): USD 300 (calculated on the grossed-up amount)
Gross amount YOU must pay: USD 1,200 ÷ 0.8 = USD 1,500
Amount paid to Google: USD 1,200
WHT paid to KRA: USD 300
That is a 25% increase in the real cost of your subscription!
Who is affected?
-SMEs and Startups relying on affordable cloud tools
-IT Consultants and Digital Agencies
-Banks and Fintechs using payment gateways
- Any company with a foreign software subscription
#FinanceAct2026 #KenyaTax #SaaS #DigitalEconomy #KRA #TaxUpdates #KenyanBusiness #StartupKE #Accounting #WithholdingTax #ITCosts #BusinessTips #TaxCompliance
🚨🇧🇷 Carlo Ancelotti reveals Vini Jr was not even in top 5 penalty takers.
“We did some stats and the BEST was Raphinha. From the players available, the best was Neymar, then Igor Thiago, then Bruno Guimarães, then Martinelli”.
“Bruno in our view was the best on the pitch.”
The Henley & Partners Africa Wealth Report notes, Kenya has 6,800 USD millionaires managing roughly USD 90 billion in assets. Much of this wealth is held by first-generation founders and wealth creators.
But are the frameworks needed to transfer it built strongly enough?...🧵
A Kenyan investment fund returned 20.74% after fees in 2025.
By March 2026, its shilling fund was managing KES 132.18 billion.
But Mansa-X KES is not an MMF, fixed deposit or ordinary bond fund.
So how does it generate those returns?
A breakdown of Standard Investment Bank’s Mansa-X Special Fund (KES) 🧵👇🏾
Nakumatt was Kenya’s blue elephant.
A retail empire that sold billions, owed tens of billions, and left creditors staring at a KSh30B crater.
The shelves did not empty because Nakumatt died.
Nakumatt died because the machine behind the shelves had already broken.
Thread 🧵👇🏾
Best YouTube Channels To Learn:
Cybersecurity - John Hammond
Networking - David Bombal
Python - Code With Harry
React - Codevolution
UI/UX - GFXMentor
JavaScript - Traversy Media
Java - kunal kushwaha
DevOps - Techworld with Nana
Blockchain - Telusko
AI/ML- Krish Naik
Web Development - Traversy Media
AWS - Code With Harry
SQL - Programming With Mosh
DBMS - edureka
Many Kenyans don't know that they can invest in global companies like Nvidia, Tesla, Meta, Amazon, Netflix, etc
In this thread I answer the frequently asked questions about investing in offshore stocks & ETFs as a Kenyan.
1/ What's the minimum investment required?
🚨🚨 EXCLUSIVE: ARNE SLOT AND LIVERPOOL TO PART WAYS WITH IMMEDIATE EFFECT. 💣
It’s over between the Dutch manager and Liverpool after end of the season review. 👋🏼
Andoni Iraola, clear favorite to take over as next #LFC head coach.
This grieving parent paints the picture of how information is still being guarded with regard to the fatalities in the Utumishi Girls Inferno. Bodies haven't been moved from the scene yet. Identification is yet to start .