PwC Kenya says as a taxpayer, you need to acquaint yourself and comply with the Finance Act 2020 on Digital Service Tax (DST) that introduced a tax of 1.5% of the gross transactional value-effective 1st of January 2021. According to Nicholas Kahiro – PwC Manager and Corporate Tax Specialist, “The Kenya Revenue Authority (KRA) has further instituted provisions that have expanded the applicability of DST to cater for the changing marketplace with DST being one of the key revenue measures of KRA especially from corporate tax policy.” He added, “DST is here to stay. Its main target is capturing non-resident…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Huawei believes that ICT has the potential to reduce global carbon emissions by 20% over the next decade. William Xu, Director of the Board and President of Huawei’s Institute of Strategic Research, recently said energy sustainability was a daunting challenge that faced all countries over the next decade. “Global energy consumption is growing at an annual rate of 1.7%. Currently, 85% of energy comes from fossil fuels. Energy sustainability is a daunting challenge that faces all of us. By empowering a wide range of industries, ICT technology has the potential to reduce global carbon emissions by 20% over the next…
OPPO Reno5 F is already selling on the Kenyan markets. This the most affordable variant of the Reno5 series. OPPO Reno5 F is almost entirely like Reno5 in terms of features and specifications, including the screen type and size, battery capacity, RAM, and internal storage. However, they are differentiated by the screen refresh rate, screen protection, processor, cameras, and charging speed, among others. Some quick specs include: DISPLAY: AMOLED, 6.43 inches, 1080 by 2400 pixels PLATFORM: Android 11, ColorOs 11.1, Mediatek MT6779V MEMORY: 128GB/8GB RAM MAIN CAMERA: Quad 48MP wide, 8MP ultrawide, 2MP macro and 2MP depth SELFIE CAMERA: Single…
Waterfront Karen mall property managers, Crossroads Limited says the land is not for sale as had reported by Kenyan media. In a statement, Waterfront Karen Managing Director David Muguku said that the mall remains “a long-term investment” for the proprietors. “The Waterfront Karen Shopping Mall and its surrounding property remains to be a long-term investment whose main objective is to provide a conducive, safe, environmentally-friendly and world-class shopping & lifestyle experience for the public,” he noted. “We would like to dispel this information and let the public, our tenants and clients know that the information is false and does not…
SemaBox, Kenya’s first specialist podcasting studio, has launched a women’s only podcast incubation program, in a bid to provide an opportunity to diversify the content landscape and to democratize storytelling. The Dada Podcast Incubator will run from April 26 2021 for the next 100 days to platform the voices of amazing Kenyan women whose ideas and perspective scan resonate globally. SemaBOX is a collaboration between Baraza Media Lab and Studio Tisa. https://twitter.com/semabox/status/1386605550063046659?s=20 The Dada Podcast Incubator seeks to achieve the following Empower new ventures into podcasting as a content creation medium. Capture and share the rich content. Strengthen the exchange…
The 93rd Academy Award, also known as the Oscars, was held from two locations in Los Angeles — Union Station and Dolby Theatre Sunday. Anthony Hopkins and Frances McDormand were honoured with the Best Actor and Actress award respectively. Filmmaker Chloe Zhao’s “Nomadland” was named the Best Film. Zhao won Best Director for the film. Regina King: Wearing Louis Vuitton View this post on Instagram A post shared by Regina King (@iamreginaking) H.E.R: Wearing Dundas View this post on Instagram A post shared by D U N D A S (@dundasworld) Angela Bassett: Wearing Alberta…