Gathenya

6.9K posts

Gathenya

Gathenya

@GATHENYA

DevOps Engineer. Data Scientist. Father of Teenagers. Pig Farmer. Kenyan Politics and History. Kikuyu Culture, Traditions, and History.

انضم Aralık 2009
486 يتبع807 المتابعون
Babagina
Babagina@Babagina1·
@ahmednasirlaw I thought he said he is not requesting the courts to reinstate him?
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Ahmednasir Abdullahi SC
Ahmednasir Abdullahi SC@ahmednasirlaw·
If the High Court overturns the impeachment of Hon Rigathi Gachagua, then he will automatically resume his office and Prof Kithure Kindiki will by operation of law vacate office. Come 2027 and Gachagua will be H.E William Ruto's running mate 🤣🤣🤣...very interesting times ahead.
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Muhoss
Muhoss@Muhoss·
@GATHENYA He might want to sound clever but on matters fuel, I'd rather listen to Sudi or Karen Nyamu's wisdom.
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Gathenya
Gathenya@GATHENYA·
But wasn't Ndindi Nyoro the Chairperson of the National Assembly Budget and Appropriations Committee when the fuel levy was increased by Sh 7 from 18 bob to 25 bob in 2024? How do people suddenly become very clever?
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Mwango Capital
Mwango Capital@MwangoCapital·
Key Takeaways from TAT Appeal No. E1149 of 2024 – Premier Credit Limited vs Commissioner of Domestic Taxes with commentary from @fredkim2030 & @AmbokoJH: —The Tribunal held that the principal element of loans issued by a microfinance institution constitutes a capital asset, not revenue, and therefore cannot qualify as an allowable bad debt deduction —This means that only the revenue components of a loan, such as interest and related charges, may qualify as deductible bad debts if they satisfy the specific conditions under paragraph 2 of the Guidelines —It affirmed that under IFRS 9 and Sections 15 and 16 of the Income Tax Act, only the interest and related revenue components of a loan can potentially qualify as deductible bad debts, not the principal —This means lenders cannot claim tax relief on irrecoverable principal amounts, even though lending is their core business and the principal advanced forms the foundation of their operations —The Tribunal ultimately upheld the Commissioner’s assessment on the disputed principal taxes, reinforcing a strict capital versus revenue distinction in bad debt claims Extra Notes: —Fred and Julians argue that the Tribunal’s ruling fundamentally shifts the tax treatment of bad debts by classifying loan principal as capital and non-deductible, effectively overturning the long-held view that such losses arise in the ordinary course of lending. They warn that this departs from international practice, increases the tax burden on lenders, and could lead banks to reprice risk and raise the cost of credit in Kenya.
Mwango Capital tweet mediaMwango Capital tweet mediaMwango Capital tweet media
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Gathenya أُعيد تغريده
Joe G
Joe G@EastEndJoe·
Okay, this is funny! 😆
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Gathenya
Gathenya@GATHENYA·
@Dr_AustinOmondi The implementation was pending the regulations. Were they issued?
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JaPrado.
JaPrado.@Dr_AustinOmondi·
Most Kenyans don’t know that if they are raising a kid with disability or are the primary caretakers of a PWD, they are qualified for tax reliefs. Here’s everything to need to know about the Persons With Disability Act of 2025. Rt ti create awareness. 🧵
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Gathenya
Gathenya@GATHENYA·
“Throughout history, it has been the inaction of those who could have acted; the indifference of those who should have known better; the silence of the voice of justice when it mattered most; that has made it possible for evil to triumph.” Haile Selassie I
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Gathenya
Gathenya@GATHENYA·
Again, the sign language interpreters on @citizentvkenya are doing a great job.
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Kman 🇰🇪
Kman 🇰🇪@Josh_Kman·
Beloved, consistency is key! Close those laptops once again, we try again next week.
Kman 🇰🇪 tweet media
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Gathenya
Gathenya@GATHENYA·
Lakini hizi tickets za CHAN zinauzwa kama mihadarati!! After like 4 hours of trying, I managed to get 2 after midnight. Now I need at least 1 more. Kama kuna mtu alipata ya ziada, saidia sisi ambao hatukubahatika na tulikuwa na nia.
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Mrs. M
Mrs. M@Mutho_nee·
@GATHENYA When you are lead by a clown, you are all in a circus! All this because of fragile egos that don't want to be called out on their incompetence.
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Gathenya
Gathenya@GATHENYA·
What a shithole country we live in! After chasing Kenya vs Morocco CHAN tickets for a week, the website finally opens and this is the "joke" they are feeding us. I learn the tickets were sold physically to some paranoid Kenyans. And you wonder what happened to patriotism!
Gathenya tweet media
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Gathenya
Gathenya@GATHENYA·
@CAF_Media what is this nonsense we are getting when we try to buy the Kenya Vs Morocco tickets? You mean you are as incompetent as your host Federation FKF? We have chased these tickets for weeks now only for you to pass dry jokes about it? #TotalEnergiesChan2024
Gathenya tweet media
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Gathenya
Gathenya@GATHENYA·
Jesus instructed His disciples to spread the Good News to the whole world starting with Jerusalem, their home city. #TharakaNithi
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Hon. George Peter Kaluma (Commentaries)
Nairobians are becoming very strange people - they just hear "demonstrations" and holiday mode sets in! And the police aid this indolence by barricading roads leading into and out of town. Who will invest in Nairobi if this attitude continues!
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