Mambo Maithya

542 posts

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Mambo Maithya

Mambo Maithya

@MamboMaithya

Innovation | Smart Cities | Technolody & Education| IT Governance, Compliance & Risk| Volunteer | YALI |

Nairobi-Kenya Katılım Haziran 2011
2.1K Takip Edilen392 Takipçiler
WelBeast
WelBeast@WelBeast·
The winners of the 50 shirts given by my friend @KarauriR for the Arsenal fanbase in Kenya will be selected from the comments section of this post by Super Grok today. Number one on the list is @orengbonny. Good luck everyone.
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Safaricom Care
Safaricom Care@Safaricom_Care·
@i_na_ma Hello @i_na_ma , sorry for the experience. Kindly share with us the challenge you are experiencing with the new One app. ^EJ
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JANE KYALO
JANE KYALO@JaneFKyalo·
Under the leadership of William Ruto, the ongoing construction of the Kyanthei Bridge along the Tawa–Itangini Road in Mbooni stands as a bold testament to a govt that is walking the talk on equitable dvpt. For years, regions like Mbooni: in the bigger Ukamba were overlooked and left behind, with poor infrastructure limiting growth and opportunity. Today, that narrative is being decisively rewritten.
JANE KYALO tweet mediaJANE KYALO tweet mediaJANE KYALO tweet mediaJANE KYALO tweet media
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TENIOLA
TENIOLA@Teeniiola·
Bro to bro, write the car you're planning to buy and let someone tell you more about it.
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Mambo Maithya
Mambo Maithya@MamboMaithya·
@AskPayPal @PayPal please let me know why you deactivated my account because all pending issues were cleared in my favour. Anything sinister?
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Diva🦸🏻
Diva🦸🏻@CaptainMariamm·
Honestly @SafaricomPLC you need to come up with a new way to reverse money sent to a wrong number irrespective of whether fuliza imechukua hizo pesa or not.
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CPA Peter Ndirangu
CPA Peter Ndirangu@pitandirangu·
Tax Policy Proposal: Amendment to the VAT Act to Align Time of Supply with Payment for Government Transactions to Allow for Payment-Based VAT I have been reflecting on the practical challenges faced by contractors and suppliers working with government entities in Kenya. Under the current VAT framework, tax becomes due at the time of invoicing, even where no cash has been received. This requirement forces contractors to finance VAT out of pocket, exposing them to cash flow strain, penalties for non-compliance, and audit disputes with the Kenya Revenue Authority. This situation has created unnecessary hardship for government contractors and suppliers and contradicts the fundamental principle that VAT is a consumption tax to be borne by the final consumer ; in this case, the Government. The Problem with Delayed Payments – Illustration -A contractor invoices Ksh 10 million plus Ksh 1.6 million (VAT). The Government delays payment for nine months. -The contractor must still file and remit the Ksh 1.6 million VAT to KRA by the 20th of the following month without having received any payment. Practically: -The contractor carries the VAT burden since no payment has been received. -This defeats the neutrality principle of VAT, which holds that VAT should not be a cost to businesses. Proposed Solution- Legislative Amendment To address this long-standing issue, I propose an amendment to Section 12 of the VAT Act to align the time of supply for government transactions with the actual date of payment by introducing a new subsection as follows: (1A) Notwithstanding subsection (1), in the case of taxable supplies made to the national government, county governments, or any State organ or public entity as defined under Article 260 of the Constitution, the time of supply shall be the date on which payment for such supply is received. Rationale for this Amendment -VAT is intended to be a consumption tax, borne by the final consumer, not by the supplier. -In government procurement, the Government is the consumer and should therefore bear the VAT burden upon payment. -Aligning the tax point with payment will relieve contractors from cash flow strain, reduce non-compliance, and encourage the participation of SMEs in public tenders. Countries that have Amended the VAT Rules for Government Transactions 1. Saudi Arabia (KSA) – An explicit change was made for government contracts. ZATCA amended the VAT time-of-supply rules (effective 1 November 2021) so that supplies to government agencies are accounted for at the earlier of: (a) issuance of the official payment order under the Government Tenders & Procurement Law, or (b) receipt of payment — not the invoice date. Uganda – Amended its VAT Act effective July 2024. VAT on government contracts is now accounted for when payment is made, recognizing delayed disbursement realities. Venezuela – For supplies to a public entity, the chargeable event occurs “when the payment order is issued.” This mirrors Saudi Arabia’s approach, where the tax point is linked to the government’s payment order ; not the invoice date. -Adopting a payment-based VAT system for government transactions is a pragmatic and fair reform that reflects the realities of public sector payment processes. -It will ensure that VAT obligations arise only when suppliers receive payment, promoting fiscal equity and supporting the financial sustainability of contractors and suppliers. -This amendment will not only ease compliance challenges but also enhance the business environment by improving liquidity for suppliers, encouraging timely service delivery, and fostering greater participation of local enterprises in government procurement. It is therefore necessary for the National Treasury and Parliament to consider this amendment as part of Kenya’s ongoing efforts to make the tax system more efficient, equitable, and responsive to economic realities as soon as possible Peter Ndirangu, CPA (K), Tax Expert #VAT #Taxcompliance
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ephraimnjegafan
ephraimnjegafan@ephraimnjegafan·
Safaricom competitors offer 8 Mbps at KSh 1,500 without any limitations. The advertised speeds are constant regardless of whether it is peak or off-peak time. I have even seen one provider charging KSh 1,000 per month for unlimited internet.
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ephraimnjegafan
ephraimnjegafan@ephraimnjegafan·
I still struggle to understand @SafaricomPLC 's approach to fixed internet. It is hard to comprehend how the retail price of a product can be way lower and the quality way better than that offered by the wholesaler. 🧵
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Imran Sokwala
Imran Sokwala@ISokwala·
Mercedes or Volkswagen ? Pick your poison.
Imran Sokwala tweet media
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Phannie A. Kwegah 🇰🇪
Phannie A. Kwegah 🇰🇪@MissKwegah1·
Today nimepigiwa salute na kufunguliwa gate na kuitwa madam na same man who when I went with the Axela alininyima entry/parking!! Everyone please, drive a Mercedes. Asante.
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Benji Ndolo
Benji Ndolo@BenjiNdolo·
Log in, 8PM. Let’s talk about Cousins? 😁
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khalif kairo
khalif kairo@KhalifKairo·
Chinese engineers currently working on an EV battery that will hold enough charge to give a vehicle 1,500kms range and a 20mins full recharge🤯
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Emmanuel Mutisya, PhD
Emmanuel Mutisya, PhD@Profmutisya·
Deeply honored to host @honkabogo , the CS of IC & Digital Economy, during the @Kenya_aist Campus Completion Ceremony, a significant chapter in our establishment and operationalization story cutting-edge facilities. The vision for Kenya-AIST began as early as 2008 with the launch of Kenya’s Vision 2030. The plan envisioned an institution of strategic national importance within the heart of Konza Technopolis that would become a hub for graduate-level research and innovation in science, technology, innovation and engineering. Our academic programs have been carefully designed with a visionary approach. Developed in collaboration with KAIST and Kenyan professionals, these curricula are tailored to meet Kenya’s industrial needs, nurture innovation, advance research, and drive economic transformation through home-grown solutions. To deliver on this mandate, the Kenya-AIST will engage leading global faculty to mentor and guide our students. The faculty will also spearhead high-impact research and translate it into real-world innovation and enterprise. The Kenya-AIST fully intends to respond to this needwith our admissions targeting exceptional students in various sectors. Our student body will comprise of 75% Kenyan students, 15% students from the wider African continent, and 10% from other global regions. To advance our mandate, we have started building partnerships with local and global institutions. In particular, our bilateral MoU with KAIST lays a solid foundation for long-term collaboration in research, academic exchange, and joint programs. With these foundations in place, we remain committed to cultivating additional partnerships, both locally and internationally, with industry leaders and key players in the technological and scientific sectors, some of whom are present here today. None of this would have been possible without the steadfast support of our partners and all our local and international stakeholders. Particularly, the support from the Ministry of IC and Digital Economy, the Ministry of Education, Konza Technopolis Development Authority, Vision 2030, and the Dedan Kimathi University of Technology, among others. Other key guests present included H.E. Kang Hyung-Shik, Ambassador of Republic of Korea to Kenya, Eng. Tanui, PS ICT, JP Okwiri, CEO Konza Technopolis, Prof. Oyawa, CEO NACOSTI, Prof. Gateru, VC Riara University, Prof. Agalo, VC Machakos University, Prof. Esther Magiri, DVC DeKUT, Mr. Kyeong-Gu Kim, Chief Rep, K-EXIM Bank, Mr. Ko Sungmin, MD KOTRA, Mr. Mugo Kibati, CEO Telkom, Dr. Emmanuel K. Nzai, Chairman, Kenya Vision 2030 Delivery Board, among other key dignitaries.
Emmanuel Mutisya, PhD tweet mediaEmmanuel Mutisya, PhD tweet mediaEmmanuel Mutisya, PhD tweet mediaEmmanuel Mutisya, PhD tweet media
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ATTIC BUILD
ATTIC BUILD@AtticBuild·
Current works after Plaster works at Mt.Elgon ,Cheptais
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Nelson Amenya
Nelson Amenya@amenya_nelson·
Today I have some interesting information for anyone who wants to break into VC (Venture Capital) or CVC (corporate Venture Capital) both for aspiring investors and those who want to work in investment firms focused on Africa. Block lazima tutoke.
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JANE KYALO
JANE KYALO@JaneFKyalo·
How many tertiary institutions do we have in Makueni, minus KMTC - Mbuvo campus and Wote TTI
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