David Wambugu

[Formula 1 @F1]

FIRST WIN IN RED ❤️

#F1 #BarcelonaGP

[CPA Wachira Joseph @WashiraX]

Finance Bill 2026 is asking for permission to kill local businesses.

Right now, if your company makes profits, you can choose to:

• Reinvest profits back to business
• Or distribute it as dividends to shareholders

Finance Bill 2026 wants that removed. And be replaced by one hard rule. That,

• At least 60% of your profits can be treated as dividends by KRA. Even if you did NOT distribute anything.

“At least” means minimum.

KRA can push it to: 70%, 80% even 90% if they don't like you.

Read that again.

Meaning:

• If you reinvest all your profits in your business, KRA will says:

- Noo. At least 60% must be distributed to shareholders. And since you didn’t, we will assume you did, and demand dividend tax from you.

As a result:
• You are taxed on money you never paid out
• 5%–15% withholding tax on “deemed” dividends

Who is in cooked?
• SMEs reinvesting profits to expand
• Manufacturing businesses expanding
• Real estate firms with paper profits but no cash

Who is safe?
• SEZ companies
• NIFC companies
• REITs
Because their dividends are already exempt.

But for everyone else, this is a forced dividend rule.

The govt is no longer waiting for you to run your business. They want KRA to run it for you.

Is this fair taxation? Or forced extraction?

[Ivar The Boneless @roomthinker]

Tax experts - correct me if I am wrong, but this is what I understand KRA’s proposal in the finance bill 2026 to be.

Assume I made revenue of 100,000

All my costs are 80,000.

My net profit is this 20,000.

KRA at present expects 30% of this as corporate tax.

Leaving me with 14,000.

I can pull that out as dividends, at which point KRA will tax me.

Or, I can plough it back into the business.

KRA’s proposal is to TAX at MINIMUM 60% of this, the ceiling being at the discretion of the commissioner general.

This makes absolutely NO SENSE to me.

Not only are you punishing reinvestment, you are hitting hard new businesses that are the most likely to reinvest their profits, not to mention businesses that are growing organically.

In what universe is this a rational policy move?

[Morara Kebaso @MoraraKebaso]

Some things will take me forever to understand. Why does a 1 and a half hour flight from Nairobi to Dar Es Salaam cost Ksh. 40,000 to Ksh 50,000 yet a 24 hour flight from Nairobi to China is Ksh 75,000. What exactly is going on?
Why does accomodation for one night at a four star hotel in Kenya cost Ksh 20,000 yet in China a four star hotel is Ksh 5,000 per night?
Why do borrowers in Kenya pay an interest rate of 18% to 22% for loans yet in China the interest rate is 3%. How will a kenyan company that is borrowing to expand its manufacturing technology or equipment compete with a chinese company that is borrowing 1 billion dollars at 3%?

[Netflix @netflix]

PEAKY BLINDERS: THE IMMORTAL MAN premieres on Netflix in 12 HOURS.

[Save A Man @Save_A_Man]

Things men slowly learn as they grow older:

- No woman loves you for who you are, she only loves for what you can do for her
-Nobody is coming to save you
-Discipline beats motivation
-Money solves many problems
-Silence is better than arguing
- Nobody cares until you are rich or dead.
-Respect is earned, not begged for
- No woman is ever yours
- You can do everything right and still lose.
- Your colleagues are not your friends
- Your father is the only man who wants you to be better than him

[Dear Son. @DearS_o_n]

𝗦𝗲𝘅 feels different when you 𝗻𝗲𝘃𝗲𝗿 𝗺𝗮𝘀𝘁𝘂𝗿𝗯𝗮𝘁𝗲.

𝗚𝗲𝘁𝘁𝗶𝗻𝗴 𝗱𝗿𝘂𝗻𝗸 feels different when you have 𝗿𝗲𝗮𝘀𝗼𝗻𝘀 𝘁𝗼 𝗰𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗲.

𝗦𝗽𝗲𝗻𝗱𝗶𝗻𝗴 𝗺𝗼𝗻𝗲𝘆 feels different when you’re 𝗿𝗲𝘄𝗮𝗿𝗱𝗶𝗻𝗴 𝘆𝗼𝘂𝗿𝘀𝗲𝗹𝗳 for your 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝗻 and 𝗱𝗶𝘀𝗰𝗶����𝗹𝗶𝗻𝗲.

𝗖��𝗲𝗮𝗽 𝗺𝗲𝗮𝗹 feels different when you keep a 𝘀𝘁𝗿𝗶𝗰𝘁 𝗱𝗶𝗲𝘁.

Dear son, 𝘌𝘢𝘳𝘯 𝘺𝘰𝘶𝘳 𝘧𝘶𝘯.

[Gichuki Kahome @kahome_steve]

Instead of investing in that KPC IPO, why not consider some of the undervalued stocks in the NSE:

1. KPLC
2. DTB
3. KCB
4. Equity
5. Car & General

And if you are looking for dividends:
KenGen, Stanbic, BAT all have better dividend yields than KPC

Anyway langu jicho tu🧐

[Gichuki Kahome @kahome_steve]

Everyday I come across people who were sold insurance policies disguised as investments

That endowment plan or education policy they bought ends up being one of the worst “investments” they ever made

Wealth building stems from creating a portfolio of different asset classes, not taking 5 education or endowment policies

[Gichuki Kahome @kahome_steve]

Gold is one the best performing asset classes this year having gained +47.11% YTD

After lagging the U.S. stock market for the better part of the last decade, Gold has now outperformed U.S. equities.

Here's how you can you invest in Gold as a Kenyan investor?

[David Wambugu @ManBogoz]

@NbovsNbo Shame

[David Wambugu @ManBogoz]

@ThunderKaat They'll be like 5 guys in the office today

[90s WWE @90sWWE]

Stone Cold introduces Jay Z at the 1999 VMAs

[David Wambugu @ManBogoz]

@LifeinMombasa Mwembe Tayari!

[David Wambugu @ManBogoz]

@njuki21 I thought JT deserved Finals MVP

[David Wambugu @ManBogoz]

@njuki21 I have gone back to sleep

[David Wambugu @ManBogoz]

@njuki21 Bro, it was brutal

[David Wambugu @ManBogoz]

@nabwela 🤣🤣🤣

[David Wambugu @ManBogoz]

@kariukimk JTL bro