100 radiologists benefit from advanced technologies in body imaging

GE Healthcare and Kenya Association of Radiographers have today held its 2nd Radiology Clinical Day to train more than 100 Kenyan radiologists on the latest medical imaging technologies and techniques to improve diagnosis and disease management. The one-day forum themed ‘Elevating Radiology’ was focused on Gastrointestinal and abdominal radiology covering a wide array of topics including; advanced technologies in body imaging, advanced digital mammography techniques, functional imaging of prostate cancer, imaging of the liver and liver care management among other topics which will help practitioners optimize their work. According to the Kenya Association…

UD Trucks Make a comeback to the East African market

UD Trucks has long been a major player in the Eastern African market. Yet 2020 is set to be a landmark year for the Japanese brand that is fully owned by the Volvo Group, as it rolls out ambitious new plans for its operations in Kenya. CMC Motors Ltd, a motor dealer with a rich legacy spanning over 70 years in Kenya and the regional market is the dealer of choice appointed by UD Trucks to continue with the dedicated development, advancement and expansion of the brand both locally and…

PRODUCT REVIEW: Vivo Y19 the ultimate battery phone

Choosing the right smartphone is definitely a mind-boggling task these days as the market is flooded with hundreds of phones that are quite able to make a difference with their quality features. Many brands are putting their best foot forward to add to their clientele. Owing to this stiff competition, users have a plethora of options to choose from. On the one hand where some brands are struggling to get more and more buyers, there are brands that have proved their worth and are known out and out. Vivo is…

Octagon ink deal with Alexander Forbes to serve global clients

Octagon Africa will serve Alexander Forbes multinational clients with a presence in Kenya following a new partnership. This strategic partnership comes after Alexander Forbes review of its strategic business and operating model in March 2019, and to exit emerging markets and strategically reposition with credible partners to deliver and support their clients operating in the specific country. “Through this strategy we have a platform to work with a network of partners while maintaining the ability to deliver excellent service and solutions to our clients throughout the continent, ” said Craig…

GAUGING THE ECONOMIC WAVES OF CORONAVIRUS ON KENYA

The Kenya Private Sector Alliance (KEPSA), the apex body of the private sector in Kenya, this morning resolved to engage all its members to begin to calculate the projected economic impact of Coronavirus in each sector. The collated input will inform the development of a rapid response mitigation plan to minimize the impact of the outbreak on the Kenyan market. It will also allow the private sector to measure the impact of the expected global slowdown of trade on Kenya. KEPSA is encouraged by Executive Order No 2 ofhttps://www.expresstoday.co.ke/?p=2932&preview=true 2020…

Google.org announces a Sh100 million grant to promote safe internet use by children

Google.org, has announced a Sh100 million grant to promote safe internet use by children, young people and families in Africa. The organization, which is Google’s philanthropic arm, says the grant will support training by non-profit and social enterprises focusing on privacy, trust and safety in Africa. Charles Murito, Country Director for Google Kenya says the fund will be administered by a third-party partner, on behalf of Google.org. In addition to providing organizations with funds to help support the online safety efforts for children, Google is also looking at expanding programs…

women entrepreneurs in Kenya to benefit from KES10 billion kitty

Absa Bank Kenya PLC has today announced a KES10 billion fund to advance credit to women-owned small and medium enterprises over the next five years as part of the new customer value propositions under the Absa brand. The women fund is part of the bank’s commitment towards advancing diversity and inclusion by empowering women with financial resources and capacity building to grow their businesses. The money will be availed to women entrepreneurs through the existing banking products including unsecured and secured loans, trade finance, asset finance, property finance and working…

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…