.

This is the architectural design of my three-bedroom house. My local fundi estimates that I will need a maximum of KSh 3.5 million to complete it including all interior finishes.. Hii mwaka najenga sasa.

KRA is not playing with Naivas. You know Naivas. Hii tu moja. It was a fully family owned supermarket giant. When the time came to cash out, the owners weighed their options. If they sold the supermarket from Kenya, they would pay insane taxes. So they went shopping for low tax countries. And Mauritius presented itself. It was irresistible. - 0% tax on sale of the company. In 2015, the family registered a shell company in Mauritius. Called it NIL. Then transferred all their shares to this company. So Naivas was now 100% owned by a Mauritian company. To make it even tighter, they added another layer. They set up a second shell company. Called it GFI. And transferred all NIL shares to GFI. So now: • GFI owns NIL • NIL owns Naivas Kenya Proper entanglement. Achana na hiyo yako. As all this is happening, they are unaware of one dangerous sentence sitting quietly in Kenyan tax law. It reads: • Any company managed and controlled from Kenya is a Kenyan resident company. Then the family went looking for a buyer. In 2020: • They sold 30% of the supermarket for 5.2B • By selling 30% of NIL shares So: - Naivas is still owned by NIL - But NIL now has a new shareholder And everything happened in Mauritius quietly. Nothing has changed hands in Kenya trigger anything. • Deal is closed. 0 tax. Bahati mbaya, KRA caught wind that Naivas is gone. Immediately, KRA embarked on a fault finding mission. In 2022, KRA discovered that: - The family has always lived in Kenya. Not Mauritius. - They managed and controlled every single operation of the shell companies from Kenya They invoked the one dangerous sentence. You remember it? • Any company managed and controlled from Kenya, is a Kenyan resident company. KRA said: • These Mauritius shell companies are Kenyan • They must pay tax in Kenya Tax demanded: 30% of 5.2B. Plus penalties • Total Bill: 1.8B Naivas ran to court. The court looked at it, and sided with KRA. Family wakaabiwa walipe tax. Case closed! Lesson. • Structure your offshore company properly. • Or KRA will structure it for you.

It’s time we embraced building with bricks. I mean as long as you don’t have load bearing walls. Bricks ziko sawa. Infact light weight as a bonus. What say you?

Nyumba ya 100K flat hadi finishing. A semipermanent structure. This is for my younger brother still in highschool. He got a decent "Simba".. can connect you to our local fundi who handled everything.

@OmaeOkara True

@CappyGerald Hadi hapo. Complete haiwezi

This is 650k not more maybe less. Kujenga ni rahisi na pia ni ngumu depends on your approach. Hizi zinaitwa sironga clay bricks. 🧱 Ndarugo stones have hiked let’s go back to basics.

@MakauWaMuli Halafu mnatuambia ati Kalonzo is an option

Kalonzo Musyoka and Mike Sonko will work together.

💀

Old women should come down

Healthier and rice can’t be in the same sentence

Shida ni huwa tunaengage watu walikuwa 1 month old in 2007 that's why huwa mnaworship kibaki

Njuguna ameona mkiteta kuhusu hio hosy ameamua kuwadanganya kuna kitu inaendelea huko Siaya ya maana

Make sure you pay your “this isn’t rape” fee, fellas

@RealNate08 Yes

Men, ukianza kujenga nyumba alafu ulemewa financially, unaweza kubali wife amalizie?

@EngJohnMachari1 Hapo ndio mtu hujua binadamu kazi yao ni ngumu. Chasing rent will give you a heart attack

A quick one. Here’s an investment idea worth considering. Develop 10 bedsitters and 3 shops on a 50×100 plot at an estimated cost of KSh 7.5 million. Projected monthly income: 10 bedsitters × KSh 7,000 = KSh 70,000 Shops, water, and internet = KSh 30,000 Total monthly income = KSh 100,000 Estimated ROI: KSh 7.5M ÷ 100,000 = 75 months (approximately 6.2 years), which is a solid return period.

Sometimes building a semi-permanent house doesn’t make financial sense, like in this case. The guy used high-end galvanized iron sheets, cement plaster on the floor and walls, expensive doors and windows, plus wiring and maybe even plumbing. My point is, there’s very little cost difference between this kind of semi-permanent build and a proper brick or block house. If you can’t afford bricks or blocks, just go for a simple, basic semi-permanent house instead. I stand to be corrected.

This is what Rigathi Gachagua said wakati Azimio was on the Streets doing maandamano. The self proclaimed Mt Kenya political kingpin is actually the opposite of what he claims to be. The government Reduced Fuel Prices. Mimi sioni haja ya maandamano..

@bungomaduke Hakuna good option hapo afadhali uishi kwa miti

Jirani yangu anajenga hii Semi permanent. 160K kufika hapa.. I think this is a good option if you can't afford Ile Permanent.

Arsenal vs Sporting should've been a coin toss to find who goes through. It was a complete waste of everyone's time