Hillary Maket

Project Management | Business Development | Food Systems | 2014 @KofiAnnanFdn business schools fellow | 2023 @Nuffic fellow | @ilo Certified Trainer.

[Linda Ikeji Blog @lindaikeji]

How it feels like trying to save money in this economy 😂

[Rony @Ronycoder]

Instead of watching an hour of Netflix, watch this 1-hour MIT lecture by Jim Simons.

It’s basically Kasparov-level strategy applied to markets.

The Quant King reveals more than most Wall Street players learn in an entire career.

[andrew engler @aerockrose]

In 2013, Nassim Taleb gave a 53-min Stanford masterclass on why chaos makes some businesses stronger.

His ideas:
- The coffee cup that survives 4 million hits
- Why helicopter engineers ride their own machines
- The country where nobody knows the president

12 lessons on risk:

[Jaynit @jaynitx]

In 2013, Yale professor Ben Polak gave a legendary 1-hour lecture on Game Theory.

It will change how you make decisions in negotiations, business, and life.

His frameworks:
• Dominance arguments
• Backward induction
• The proactive bias

12 lessons to make better decisions:

[Hesse Philosophy @HermannHessed]

“Man cannot remake himself without suffering, for he is both the sculptor and the marble.”

—Alexis Carrel

[CPA Wachira Joseph @WashiraX]

KRA has gained another weapon.

One that will make serial nil return filers hesitate before clicking that NIL button.

Last month, this tax dispute left many ears tingling.

There is a restaurant called Avery Lounge.

I have no clue how they mastered it, but they cook the finest fish in Utawala.

Just next to Banta. My friend Kasimu recently took me there.

The place also offers the most spectacular rooftop view of Embakasi.

But there was one small problem.

- Despite all that poshness, Avery Lounge kept filing nil tax returns.

KRA became curious.

So they sent their spies.

The spies returned with a disturbing report:

- Bosi, the place is full. People are eating life like tomorrow has been cancelled.

KRA was enraged.

- How could such a big restaurant keep declaring zero income?

So KRA went straight for their bank accounts.

And what did they find?

- Millions flowing in.

At that point KRA lost its remaining patience.

They demanded for:

- financial statements
- purchase & expense records
- explanations for the deposits

But Avery provided none of them.

KRA became even more dramatic.

- They totaled all the bank deposits for the year.

- Baptized them as income.

- Then applied 30% income tax on the entire amount.

And sent Avery a tax demand of ksh 93 million.

Avery ran to court.

- They argued that some of the deposits were loans.
- And that KRA had not factored in real expenditures like purchases & Wages

But there was a small problem.

- They had no loan agreements.
- No documentation for expenses.
- Nothing.

The court looked at the situation and said:

- Since the taxpayer refused to provide records, KRA had no choice but to treat the bank deposits as income.

And with that, the court told Avery:

- Pay the 93 million tax bill.

Case closed.

So what is the lesson here for you?

If you have money flowing through your bank accounts, and you cannot explain the source,

KRA will simply decide:

- All deposits = income.
- And tax those deposits.

Therefore:

- Be careful with nil returns.
- Keep records. In tax matters, records are king.

[Viktor Benson @viktorbensonyt]

I spent 3 hours yesternight learning about financial education and these are some few points you can pick up:

1. Your rent should not be more than 20% of your total yearly income

2. Government bonds pays up to 20% interest, only invest in business that assure you up to 60% interest

3. You only buy a car when you have assets bringing in money

4. If you need a car to get a business contract or appear wealthy, hire a car for that.

5. The cost of a car should not be more than 10% of your yearly income

6. Multiple streams of income can be business, shares, government bonds and real estate

7. Only buy or build a house when you have money producing assets

8. In funding your business, debts is better than equity. Taking loans from bank is better than looking for investors who wants 40% above meanwhile banks wants 20%

9. Debts is good when you are borrowing to buy what makes money

10. Start a business with the most minimal cost

11. The best investment in your early 20 and 30 is investing in yourself

12. Banks love to borrow government money than individuals so do same

13. Buying dollars protects your money from inflation

14. Every single knowledge you gather must be toward a bigger goal

15. Reduce your liabilities and increase your assets

[CPA Wachira Joseph @WashiraX]

KRA has been given a new weapon.

Tax all the money in bank and mpesa.

But do not be alarmed.

In simple terms.

Money entering your bank account is now presumed to be income.
Unless you can prove it is not.

Yes. Even if it’s “not business”.

For example

- Friends send you money to “hold”
- Chamas pass money through your account
- Your wife blesses your mpesa
- Someone refunds you cash
- You receive family support because you live in Nairobi
- You sell land, a car, or livestock
- Random deposits keep coming in

KRA’s question is simple:

“What is this money?”

And now YOU must explain.

What people wrongly assume

- “It’s my personal account”
- “It’s not profit”
- “KRA must prove it’s income”

Court said

Money in the bank = income by default

Burden of proof is on you

If you can’t explain = KRA can tax it

Result

- Unexplained deposits = taxable income
- Penalties & interest follow
- Maximum chest pains

Simple solution:

- Money in
- Explain it
- Or pay tax on it

[Tolulope Michael @im_tolumichael]

If you’re preparing for leadership roles, here are 15 decision-making frameworks used by top executives.

Check the comments. 🧵

[Dave Kline @dklineii]

Unclear expectations cause 95% of problems at work. The manager is frustrated. The employee is confused. Everyone loses. Here's my simple playbook for managers and employees to get on the same page fast:

[Ramah Nyang @Ramah_Nyang]

He’s not wrong. 44,871 metric tons of Kenyan coffee was sold in 2024. At an average price of $ 4.9/kg, that gets us the $ 200 million figure cited here.

#Kenya’s coffee output has been in long-term decline. 2024’s output was ~ a third of peaks of over 120,000 tons hit in 1987/88. In contrast, #Uganda will likely export over 390 000 tons (nearly 8x Kenya’s output) of coffee in FY 25/26.

[The Farmercist @CalebKaruga]

The biggest challenge with Agriculture for Millennials & Gen Z’s is not finances or access to markets (and these two are big issues, don’t get me wrong, ok?)

The biggest problem is EMPLOYEES!
Most of us want to make farming a side hustle, with the hope that once all our Ducks are in a row, we will fully transition into farming. Perfect plan, innit?

You & your boys/ girls have access to a few Kenyatta shillings. You can afford to lease 50-100+ acres of land, rear like 200+ Goats, Sheep & a few Sahiwal Bulls for meat production.

Enter the biggest challenge: Managing employees who will definitely be selling a few Kids for a song to your neighbors! Unless one of you is living on site & managing the group’s assets, mtaibiwa!

Anyone else agrees with my sentiments and what’s the solution because we all can’t be full time employees until we retire!
*All Photos Courtesy Google.

[World Athletics @WorldAthletics]

Female Track Athlete of the Year nominee ✨

Repost to vote for @Kipyegon_Faith 🇰🇪 in the #AthleticsAwards.

Voting closes on Sunday 19 October at 11:59 PM CEST.

[Business Daily @BD_Africa]

Eric Kasina:Agroecology is the right fix for food systems —Kenya must back it boldly https://t.co/73Rqlm67l4

[Cabinet Secretary Agriculture & Livestock Dev't @CS_MoALD]

"We have taken decisive regulatory action to withdraw 77 end-use products from the Kenyan market and to restrict the use of 202 products on various crops. A further 151 products are under review by the @PCPB_Kenya, with a decision on their approval expected by December 2025.

[Youth Fund @YouthFund_Ke]

Are you a young agripreneur in Kajiado, Meru, Taita Taveta, Kakamega, Nyandarua, or Trans Nzoia?

Value chains: Dairy, Livestock, Beekeeping, Horticulture, Edible Oils

Apply for the Sustainable Youth Agripreneurship Programme: https://t.co/wBs2IC4yZ8

Deadline: 25 July 2025

[SokoAnalyst @SokoAnalyst]

Twiga Foods should be studied in business schools as an example of not how to run a business. They burned over 22,500,000,000 KES and there is nothing to show for.

[Pretty Cities @PrettyCitiesX]

Helsinki, Finland 🇫🇮

[Joseph Kalimbwe @joseph_kalimbwe]

Outside SADC;

a) Kenya & Uganda are largest coffee producers in Africa. They make $2.3 billion combined

b) Germany then buys Coffee beans from Kenya, resells it & makes $6.3 Billion per year

Germany which doesn’t produce coffee makes 3 times profit off Kenyan & Uganda Coffee !

[Africa Facts Zone @AfricaFactsZone]

Uganda earned $1.55 billion from coffee exports in 2024.

Uganda is the largest exporter of coffee in Africa with 6.37 million bags in 2024.