John Simiyu

Make the World a better place, every contribution matters & opportunities are everywhere!

[John Simiyu @jowasim]

@WashiraX Some of these proposals will make people just abandon business's and just dis-appear. It is too much weight to bear.

[John Simiyu @jowasim]

Pain at the pump!!!

[Energy and Petroleum Regulatory Authority @EPRA_KE]

In Nairobi, Super Petrol, Diesel and Kerosene now retail at Kshs.214.25, Kshs.242.92 and Kshs.152.78 effective midnight for the next 30 days.

[Faith Odhiambo @FaithOdhiambo8]

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

[John Simiyu @jowasim]

@FaithOdhiambo8 April 30th will be huge strain to companies. How does filing by 30th increase tax collection when the final tax is already in April.

[John Simiyu @jowasim]

@HonAdenDuale @citizentvkenya @NTVnewsroom @K24Tv @KBCChannel1 @KTNNewsKE @CapitalFMKenya Serve Kenyans, stop corruption, we shall care nothing between the politicians, as you are all politicians. Kenyan just need good services from the goverment.

[John Simiyu @jowasim]

@C_NyaKundiH At least he is safe. These people po!

[John Simiyu @jowasim]

@Honcalebamisi We want him alive..they bring him alive 🙏🙏

[John Simiyu @jowasim]

@david_osore @moneyacademyKE These is what they are doing. Manufacturing is just hard in this country , importing is easy way out, especially if you have capital and source of what to import.

[John Simiyu @jowasim]

@KOSASI_NAKAMOTO Yes, for me , it has worked and I will keep praying. I hope I will have the grace to pray daily 🙏, for God is my strength and helper.

[The Secret @thesecret]

Energy flows where your attention goes. When you push against something, you’re still giving it your focus—and that focus is what calls more of it in. The shift begins when you release resistance and redirect your attention toward what you do want. 🌱💫

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[John Simiyu @jowasim]

@moneyacademyKE The Pill

[John Simiyu @jowasim]

Knowing less is better!

[Fundamental Investor ™ 🇮🇳 @FI_InvestIndia]

A businessman once bought a massive diamond in South Africa, about the size of an egg yolk.

But to his disappointment, the stone had a crack inside.

He took it to a skilled jeweler, hoping for advice.

The jeweler examined it carefully and said:

“This diamond can be split into two perfect gems, each worth more than the original stone. But one wrong strike and it will shatter into worthless fragments. I won’t take that risk.”

The businessman traveled the world, showing the diamond to jewelers in many countries.

Each one gave the same answer: "Too risky".

Finally, someone told him about an old master jeweler in Amsterdam known for his golden hands.

He flew there the same day.
The old jeweler studied the diamond through his monocle and warned him again of the risk.
The businessman interrupted:

“I’ve heard that story before. I’m ready. Just do it.”

The jeweler nodded, agreed on the price, then turned to a young apprentice working quietly nearby.

The boy took the diamond, placed it on his palm, and struck it once, clean and precise.

The stone split beautifully into two flawless gems.

Without even looking up, he handed them back to the master.

Astonished, the businessman asked:

“How long has he been working for you?”

The old jeweler smiled.

“This is his third day. He doesn’t know the real value of the stone, that’s why his hand didn’t tremble.”

Sometimes the more we fear losing something, the less capable we become of doing what needs to be done.

Treat life’s challenges as if they are lighter than they seem, and your hand will stay steady.

[John Simiyu @jowasim]

@TrevohChalobah Trevor, you are our guy! Thank you and keep shinning! We need to win the EPL this season 🙏 🙌

[John Simiyu @jowasim]

@SokoAnalyst All are risks. If you are buying to sell immediately then, it makes sense. However, buying for capital appreciation, is a great. If something happens and you need the cash immediately, thats a different issue altogether.

[Pope Leo XIV @Pontifex]

I urge Heads of State and the leaders of nations to listen to the cry of the poorest. There can be no peace without justice. The poor remind us of this in many ways, through migration as well as through their cries, which are often stifled by the myth of well-being and progress, which does not take everyone into account.

[John Simiyu @jowasim]

@JimnahMbaru Yaaani we just come together to eat waru?? Naah 🙁 , hapana

[John Simiyu @jowasim]

@Halimaprinces We pray that God, who heals , heal her as well. May He favor her with healing in Jesus's Name!

[Pope Leo XIV @Pontifex]

The world needs honest and courageous entrepreneurs and communicators who care for the common good. We sometimes hear the saying: “Business is business!” In reality, it is not so. No one is absorbed by an organization to the point of becoming a mere cog or a simple function. Nor can there be true humanism without a critical sense, without the courage to ask questions: "Where are we going? For whom and for what are we working? How are we making the world a better place?"

[John Simiyu @jowasim]

@ChelseaFC Happy birthday, Moi.
May you live a long life and continue giving us good performance, free of injuries, anger, or instability by God's grace. Yesterday you did chelsea proud 👏 @MC25fan