The Pharmacy and Poisons Board (PPB) approves the use of Paliperidone Palmitate

Janssen receives approval from the Pharmacy and Poisons Board for Paliperidone Palmitate once monthly long-acting injectable for the treatment of schizophrenia. The Paliperidone Palmitate manufactured by Janssen pharmaceutical companies of Johnson & Johnson, will be used for the maintenance treatment of schizophrenia in adults whose disease has already been stabilized on treatment with paliperidone or risperidone.1 Paliperidone Palmitate is a second generation long acting injectable antipsychotic which will be administered monthly as a maintenance treatment of patients with schizophrenia. The new drug works as a receptor antagonist of dopamine and serotonin,…

 Turnover Tax Returns elapses

Payment of Turnover Tax (TOT)was due this Thursday 20th February 2020 and all Micro and Small Enterprises (MSEs) should have registered, file and pay the January 2020 tax returns for the Turnover Tax (TOT). The tax rate for TOT is 3% on the gross sales/turnover and is a final tax. TOT is filed and paid on a monthly basis on or before 20th of the following month. The Government of Kenya is committed to enhancing simplification of taxes to facilitate taxpayers to meet their obligations and TOT is part of this initiative. The TOT obligation is a simplified tax regime for Micro and Small Enterprises (MSEs). This obligation allows MSEs to pay taxes through simplified processes. Under this simplified regime, taxpayers are not required to prepare complex account records. The eligible taxpayers are only required to keep a daily gross sales record. KRA has been consulting with concerned stakeholders to facilitate them to register and pay the taxes due. KRA has also simplified the registration, filing and payment process of TOT on the iTax platform. The iTax system has always made it easy for taxpayers to access KRA services. This has led to notable success in filing returns, remitting payments, applying tax refunds, lodging tax objections, application of tax waivers and requesting tax compliance certificates. The TOT tax does not apply to persons; registered for VAT, with business income of Kshs 5,000,000 and above, Employment Income, Rental Income, Limited Liability Companies, Management and Professional Services among others. Eligible taxpayers are advised to log onto iTax, add the TOT obligation, file the monthly returns and make payment. TOT is part of KRA’s strategic initiatives to expand the tax base by ensuring that all Kenyans pay their fair share of taxes. KRA assures taxpayers of its support and facilitation to ensure that they register, file and pay their Turnover Tax before the set deadline. Taxpayers are also advised to visit the nearest KRA office for any assistance required or call the Call Centre on Tel: 020 4 999 999, 0711 099 999.

Customs self-regulation can transform our national revenues and benefit every consumer

By W. Wanda Problems that are hurting millions are rarely impossible to solve, with a case in point being Kenya’s severe issues in collecting customs duties correctly and clearing imports into the country through its ports in a timely and efficient manner. As it is, efforts have been made by multiple stakeholders to speed and make accurate our international trade. KenTrade has provided an information portal and its single window system as technology aides. The president has cleared more than 20 agencies from the ports with defined delineations of responsibilities for…

Linda: How one chance opened up my PR career

Tell us about yourself I was born in Nairobi in 1992.I went to St Nicholas Primary School and later Kapropita Girls High School. I studied IT in Strathmore before pursuing communications at st Paul’s university where I majored in public relations and journalism. How was your journey after college? I was an English news editor at ATG and writer at Sunday Express Newspaper. How did you start doing PR? When I was in school I saved up enough money to start my pr firm it was always a dream of…

EXCLUSIVE: How sickness turned into Passion to support people with bleeding disorder

By Lynda Kiyeng 1) Tell us a little about you?  I was born here in Nairobi in February 17 1993, at Nairobi hospital. I went to primary school at st Georges school and later st Nicholas school there after transitioned to high school in Kitusuru boys in form one later transferred to Pumwani boys then finished at Nairobi Pentecostal church senior school, after which I passed and joined university of Nairobi law school. I graduated with honors in 2016 and later did my post graduate diploma at the Kenya school…

Professional bodies to be reviewed in bid to weed out quacks

The Association of Professional Societies in East Africa (APSEA) has began reviewing the codes of conduct of member associations in a bid to harmonise the local standards with international levels. In the new move the umbrella body that brings together professional societies of diverse disciplines, will evaluate the code of conduct, membership for the various professional bodies, licencing and the education levels that should be met before one becomes a member of a professional body. After which members will have to undergo annual Continuous Professional Development (CPD) courses in their…

EABL half year Profits hit 10.6Billion

East African Breweries Limited (EABL) announced a pre-tax profit of Kshs10.6 billion during the half-year ending 31 December 2019, representing a 9% increase compared to the same period last year. Profit after tax also grew at the same rate, reaching Kshs7.2 billion during the period under review. With the three brands alone raking in about 71% of EABL sales in Kenya, the half year financial report also reveal that net sales in EABL’s largest market, Kenya, grew by 8%, with beer and spirits growing by 6% and 11%, respectively. READ…

A faster, simpler way to buy airtime and pay electricity bills

You can now be able to buy airtime and Electricity tokens by just sending a message to a toll-free shortcode 40512, Purchasing airtime across networks, paying postpaid bills to Kenya Power and buying electricity token has been made easier by Financial Technology Services solution provider Tsenda. Tsenda is a Safaricom PLC’s Paybill-backed system, supported by Kibo Capital’s PaymentGate LLP e-Receipting system. READ ALSO: Aspira ink deal with Xiaomi Mi Home, to enable customers enjoy flexible payment plan With a mobile phone, you can now purchase airtime for any network be it…

China donates TVs to Kenya for the 10,000 Villages Digital Television Project

The Chinese Government has handed over the 800 digital television project to Kenya government being part of the 10,000 Villages Digital Television Project in Africa. The project that was launched in June 2018 has been running across the 47 Counties through the installation of satellite television services in public institutions and select individual households. Twenty households in each of the 800 villages were installed with Satellite television service composed of a satellite dish, a high definition set-top box and accessories while three public institutions in each village received two solar-powered…

Kenyans to enjoy Billionaire Jack Mas’ Empowerment Initiative on StarTimes

Chinese billionaire, Jack Ma has set out to share his experience with Africa as well as financially support young entrepreneurs to build their own business empires. The Billionaire is tailoring an event dubbed the Africa Netpreneur Prize Initiative (ANPI). The ANPI is a flagship initiative of the Jack Ma Foundation, created by Jack Ma after his first trip to Africa in 2017. The aim of the prize is to support and inspire the next generation of African entrepreneurs who are building a more sustainable and inclusive economy for the future.…