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[PHOTOS] CBK governor visits mitumba, small traders affected by new presumptive tax

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CBK governor Patrick Njoroge took to the streets in Nairobi on Saturday as he sought to find out how micro and small business owners were fairing.

Under the theme ‘CBK Open office’ Njoroge interacted with traders who shared their challenges operating and issues they would want addressed to improve business prospects.

From January 1, micro and small business owners with a turnover of Sh5 million or less per year have to pay a presumptive tax of 15 per cent of the cost of their trading licences when seeking renewals.

The tax was introduced in a bid to net in more business owners, especially those in the informal sector who may evade tax.

 

CBK governor Patrick Njoroge talks to a trader in Nairobi. /COURTESY

According to the Kenya Revenue Authority, at least 60 per cent of Kenyans engaged income generating activities do not pay tax.

In a country of 45 million with more than 20 million taxpayers engaged in income generating activities, less than 10 million are registered taxpayers.

As at 2015, there were 8.1 million taxpayers in the Personal Identification Number database.

CBK governor Patrick Njoroge talks to a trader in Nairobi. /COURTESY

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Last year, only 3.2million filed their returns leading to a a Sh1.48 trillion tax collection or an average Sh123.93 billion a month in the year ending June 2018 against a target of Sh1.65 trillion.

The presumptive tax was introduced in the 2018-19 financial year budget statement to replace the turnover tax which is charged at three per cent.

Read: KRA gets tough, presumptive tax to be slapped on trade fees

Also Read: New tax raises SME overheads

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Kenya’s single-use plastic ban in protected areas takes effect

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The single-use plastics ban in Kenya will take effect this Friday and according to the Trend Report, it is a logical next step in reducing the amount of unsustainably disposed plastics. 

KBC Radio_KICD Timetable

The ban will be in effect in all Kenya’s protected areas including its beaches, national parks, conservation areas and forests.

According to a newly launched trend report by Sustainable Inclusive Business (SIB-Kenya), the ban is a logical next step in reducing the amount of unsustainably disposed plastics; after the 2017 ban on throw away carrier bags.

Results indicate an 80%success rate and reduced polythene bags along Kenya’s coastline, parks and drainages.

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Speaking about the launch of the report, the Sustainable Inclusive Business Director Karin Boomsma noted that “This comes at a time when we see an increase in single-use plastic products, and the ban will go a long way in encouraging the adoption of the refuse, rethink, remanufacture, recycle, and recover model of production”.

Plastic production is expected to double over the next 20 years, most of which will be single use packaging material.

The report provides more insights into the implications of the Kenyan single-use plastic ban on the economy, planet and people, and how businesses both small and established can prepare for alternatives.

The ban on single use plastics places Kenya among the first movers in a trend towards a cleaner and healthier environment globally.

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Other African countries in the frontline of eliminating the use of single-use plastics with combined total bans and levy on retailers include Rwanda and South Africa.

With Kenya being one of the fastest-growing economies in Sub-Saharan Africa, the landfill menace is expected to expand faster, posing both environmental and health risks to the country and its people.

If well implemented, the ban on single-use plastics will profit public health, tourism and agriculture, among others. This is by ensuring a cleaner environment with less plastic pollution, a factor beneficial not only to human health, but also to biodiversity and will make Kenya’s tourism destinations more appealing for both domestic and foreign travelers.

The report highlights three megatrends preceding the single use plastic ban. These include the need to shift towards the circular economy, the need for businesses to adopt a more holistic approach in their relationship with nature and the need to deal with externalities such as plastic waste pollution, emissions or the depletion of resources.

“Innovation will help us replace plastic with more sustainable materials, which requires new production and sourcing systems as well as new business models. Therefore, public-private partnerships will go a long way to ensuring businesses have access to sustainable alternatives to the banned items, which will also provide huge opportunities for the private sector to create new jobs,” added Boomsma.

Besides the trend report, SIB-Kenya has set up an online crash course available to the public, aimed at helping readers understand the plastic ban concept, policy overview, best practices from frontrunners as well as ways to deal with the ban in Kenya.

A recent expression of interest for suppliers of alternatives to the single-use plastics sent out by the organization, further aims to create a linkage with players in the hospitality, travel, tourism, and MICE industries.

The ban includes cutlery, straws, balloons, PET-bottles, cigarette butts, sweet wrappers, and other products containing polymers that are harmful to the environment when not properly disposed.

 

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Meet George Floyd baby mama, daughter – Nairobi News

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As the world struggles to recover from the cruel death of George Floyd in the hands of the Minneapolis Police, the deceased’s baby mama has made an emotional plea for justice, sobbing as she insisted he was a good man “no matter what anybody thinks”.

With her six-year-old daughter Gianna clinging to her, Roxie Washington said she wanted all four officers involved in Floyd’s death to pay for the death, which has sparked fierce protests across the US and the world.

“At the end of the day, they get to go home and be with their families. Gianna doesn’t have a father. He will never see her group up, graduate. He will never walk her down the aisle.”

She made these remarks during a news conference at Minneapolis City Hall.

“He loved her, he loved her so much,” she said.

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“I’m here for my baby. I’m here for George because I want justice for him because he was good. No matter what anybody thinks, he was good.”

Floyd, 46, died last week in Minneapolis after police officer Derek Chauvin was filmed kneeling on his neck for at least eight minutes while arresting him for allegedly using a counterfeit $20 note at a shop.

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Ichung’wah, Kuria among 17 MPs targetted in Jubilee Party clean-up » Capital News

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NAIROBI, Kenya Jun 3 – Budget and Appropriations Committee Chairman Kimani Ichung’wah and Gatundu South MP Moses Kuria are among key allies of Deputy President William Ruto, targetted in a fresh purge on House leadership by the Jubilee Party.

A day after President Uhuru Kenyatta convened a Parliamentary Group meeting at State House, Newly appointed Majority Whip Emmanuel Wangwe (Navakholo) wrote to 17 MPs demanding that they should show cause why they should not be removed from various departmental Committee.

If the discharge is effected, Kuria will lose his post as the vice-chairman of the Transport, Public Works and Housing Committee.

Other MPs listed in the ouster plot include Bomet County Woman Representative Joyce Korir, who is also the vice-chairperson of the Labour and Social Welfare Committee, Cornelly Serem (Aldai) and Robert Pukose (Endebess) who are vice-chairpersons to the Trade, Industry and Cooperatives and Energy Committees respectively.

Wangwe gave the MPs seven days to respond to his letter.

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The Jubilee PG on Tuesday resolved to strip National Assembly Majority Whip Benjamin Washiali (Mumias East) and his deputy Cecily Mbarire (Nominated MP) of their positions.

The move followed the removal of Deputy Speaker Kithure Kindiki, Senate Majority Leader Kipchumba Murkomen and Senate Majority Whip Susan Kihika who were accused of sabotaging the President’s agenda.

And on Wednesday, Kieni Member of Parliament Kanini Kega said he was collecting signatures to also remove Majority Leader Aden Duale.

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“I have so far collected 115 signatures,” he said, “I am confident that by tomorrow we will have at least 155.”

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