Mike Musa

@KelvinMmayi @moneyacademyKE Are those peers presiding over companies making losses in billions too?

@moneyacademyKE With all due respect, for a CEO that level this sounds modest....if someone dropped a list of what some of his peers take home MONTHLY we'd all freeze!

Former Kenya Airways CEO Allan Kilavuka received Sh131 million in exit pay in 2025, including salary, pension and other benefits. His pay was up 77% from Sh74 million in 2024.

@moneyacademyKE In the wake of Ukraine war, global oil prices were about 115dollars but fuel was selling at less than 160 shillings in Kenya. Now global oil prices are below 100dollars,but fuel is selling at above 230 shillings. Make it make sense....

Global oil prices are down nearly 6%. — Crude oil is down 5.8% to $91 per barrel — Brent crude is down 5.5% to $97 per barrel

If the president can order diesel price reduction by fiat, then what exactly is the EPRA formula and what is the function of the EPRA in price determination?

Had a long call this morning with a Nairobi-based private equity investor after they read today’s Business Daily. They were furious. The Finance Bill 2026 proposes giving KRA powers to treat 60% of undistributed company profits as “deemed dividends” and tax them at 10% for locals and 15% for foreigners. Meaning if a business retains profits and KRA is not convinced by the reason, the taxman will pretend the money was distributed anyway and tax it, forcing companies to stop retaining cash for expansion, hiring, inventory, or survival and instead distribute it to shareholders just to avoid the compliance nightmare. KRA needs to understand that Nairobi competes with Kigali, Dar, Cairo, Lagos, Johannesburg and Dubai for capital every single day. Once policy starts punishing retained earnings, Kenya stops looking like an investment destination and starts looking like a tax risk.

The G2G thing is one thing that wasn't explained to Kenyans well. 1. There is nothing government about it. It is a deal between private sellers and private buyers. 2. It isn't about price. In fact in my opinion, it is more expensive given oil is bought on credit. LCs cost!

The Russians intercepted an RAF spy plane 20 miles from Russia and 2000 miles from the UK. UK accuses Russia of aggression.

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?

@Joshuajkariuki @IanThiongo25290 @ntvkenya Read for yourself Gazette Notices no 6002, 6003 and 6004 by EPRA to see what was increased.

@IanThiongo25290 @ntvkenya Nani aliwaambia imeongezwa na 4bob aki watu wa social media 😂😂🤣

The cost of electricity should go down by Sh5 under the new tariffs starting in July, expert says. Electricity Consumers Society of Kenya Executive Director Eng. Isaac Ndereva states that all indicators suggest a price reduction. #FixingTheNationNTV

@channelyakele @MachariaNjeru As someone that went to school, you can read for yourself Gazette Notices no 6002, 6003, 6004 of April 24, 2026 by EPRA and read for yourself what was increased. The ignorance in that clip. Answering rumors instead of addressing the Gazette notice by EPRA

@MachariaNjeru Respect yourself mr. Advocate of the High Court, mr IPOA. so called ethical leadership spreading false new at your capacity for cheap politics x.com/ntvkenya/statu…

EPRA has slapped us with three new separate charges: Ksh 3.47/kWh for fuel costs, Ksh 1.23/kWh for forex losses, and a Ksh 0.0154/kWh for a water levy. Together, this adds a punishing Ksh 4.70 to every single unit of electricity with the heavy charges before factored in. This means a 20% to 30% spike above the normal power bills. A family buying Ksh 200 worth of tokens will get 6.4 units today, when that exact same Ksh 200 bought 8 units just last month. How did we, as a country, sit back and allow this economic plunder to happen?

20 years old Prudence Imuli was shot dead yesterday in Marurui area of Kiambu. According to her husband, Prudence was beginning to prepare supper around 5pm when she realized she was out of cooking oil. She stepped out and went to the nearby shop to buy the cooking oil. On her way back at the door of their plot, she was shot in the chest. Her husband rushed her to Kenyatta hospital where she died a few minutes into the treatment. They had no children.

President William Ruto’s administration has just borrowed Sh2.6 trillion in domestic debt, pushing it from Sh4.4 trillion to Sh7 trillion since taking office.

@Jose_Makmende @MwangoCapital When Uhuru advanced the war in Ukraine as an excuse for increase in fuel prices, Ruto and his sidekicks dismissed it. Arguing the price was increasing because of taxes. Then fuel was at below 150 litre. Idiot went on to increase taxes on fuel and even took advance loans..

@MwangoCapital Haha ati public participation, interesting... did the public participate in the outbreak of war in the gulf

LSK has filed a petition at the High Court seeking to suspend EPRA’s May–June fuel price increases, arguing that the jump in Super Petrol to KES 214.25/litre and Diesel to KES 242.92/litre was opaque, punitive and implemented without adequate public participation. Beyond prices, LSK is also challenging the temporary waiver of fuel sulphur standards announced on 30 April 2026, saying the state has not disclosed the technical assessment, public participation materials, or health and environmental safeguards behind the six-month adjustment. drive.google.com/file/d/1wCVymw…

Imagine the President is out of the country, the nation is burning and the government has called a crisis meeting. That crisis meeting is not chaired by the Deputy President or even a cabinet minister, it is chaired by a blogger. That is how low our nation has sunk!

Uganda has secured more powers at KPC Kenya after buying a 20% stake. They can now approve the hiring or firing of the CEO and tariff reviews at KPC

@NewKenyaRise @Onorpik

@Onorpik So then how are we affected by the so called strait of Hormuz if we get our oil from saudi arabia🤔

Saudi Aramco sells diesel to Kenya at Ksh. 60 per litre, we seriously need to discuss how that equates to LANDED COST of Ksh. 167 the moment it reaches Port Of Mombasa. Insurance and freight costs can't be double the cost of the product, so who is stealing? #RejectFuelPrices

The new Japanese prime minister is not here for games. Now here’s why people are leaving Japan:

This guy has really cooked in those two minutes!

Cornelius Chepsoi, RIG chairman: Wanatuletea mafuta chafu alafu wanatuuzia bei ya juu. Matatu owners will withdraw their services until fuel prices are lowered