Paxful Launches A List Of Top 10 African Women To Watch In Blockchain And Bitcoin

In honor of International Women’s Day celebrated annually in March, the global peer-to-peer bitcoin marketplace, Paxful, is shining the spotlight on the contribution women are making to the rapidly growing blockchain and bitcoin industries. Paxful has launched an annual list of the leading female professionals and entrepreneurs in the African Blockchain and Bitcoin industries, to highlight some of the most influential women in these emerging sectors. In no particular order, the individuals on this year’s list are all innovative and inspirational leaders who are actively making a difference and carving the…

White Cap Lager unveils a premium new pack

Kenya Breweries has unveiled a new pack design for its WhiteCap Lager brand. The new WhiteCap Lager pack includes a redesigned logo adapted from its original, historic form, which proudly highlights its 70-year heritage. As one of the most storied brands in the Kenya Breweries portfolio, it was felt that the time was right to elevate the livery of the WhiteCap. The new pack also represents a reinforcement of KBL’s strategy of positioning WhiteCap Lager as the leading local premium beer, as well as keeping up with the evolving needs…

Keroche Tax burden

The KRA is set to collect tax of Kshs 9,116,835,985 .00 from Keroche Breweries Limited with regard to products manufactured and marketed by Keroche breweries Limited. This follows a big win by the Kenya Revenue Authority in the six (6) Appeals filed by Keroche before the Tax Appeals Tribunal in 2015 and 2017 respectively. 2.  In three of the Appeals, the contention was the manufacturing process of Vienna Ice Brand of Vodka. The brewer argued that, Vienna Ice brand of Vodka was not a distinct product from Crescent Vodka since Vienna Vodka was produced by diluting Crescent Vodka which process did not amount to manufacture. 3.  KRA relied on the Compounding of Denatured Spirits Act Cap 123 and argued that the process undertaken by Keroche Breweries was compounding within the meaning of the Act. Compounding of spirits also amounted to manufacture of new product within the definition of Customs & Excise Act, CAP 472 (now repealed). 4. In the other three appeals, the contention was with regard to classification of pineapple based wines. The Brewer had argued that what they produced was fortified wines which should be classified under HS Code 22.04 which attracted lower excise duty rate of 40%. Their position was that the classification was specific for any fortified wine. 5.   KRA’s position was that HS code 22.04 was reserved for wines based on grapes and the Keroche’s fortified wine was purely fermented pineapple as such is to be classified under HS Code 22.06 which is for any other fermented beverage. HS code 22.06 attracted a higher excise duty rate of 60%. 6.    The Tax Appeals Tribunal in its’ judgments delivered on 9th March, 2020 held that: 6.1.   Keroche Breweries Limited was involved in the compounding of spirit which amounts to manufacture within the meaning in Excise Duty Act, 2015 and Customs and Excise Act, CAP 472 (repealed)as such Vienna Ice was a distinct product for which Excise Duty was payable; 6.2.  With regard to Fortified wines produced by the Brewer, the Tribunal guided by the World Customs Organization explanatory notes on HS code found that HS code 22.04 was for grape based wines and the correct classification was HS code 22.06 as the Keroche’s wine is a mixture of fermented pineapple and alcohol. 7.  The Tribunal however faulted the Authority for levying interest and late payment penalties for the period the disputes were being litigated at the High Court and the Court of Appeal which had directed that the matters be heard at the Tax Appeals Tribunal.

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…

Nairobi Water seeks Raila’s help for water infrastructure funding

The Directors of the Nairobi Water and Sewerage Company on Thursday held a special meeting with AU’ special envoy for infrastructure  Raila Odinga to deliberate on possible ways of improving Water infrastructure in Nairobi. The meeting that was held at Odinga’s pro Upperhill office focused on increasing water connectivity, getting more funds for sanitation activities. According to Karen Nyamu who is one of the Directors , Odinga promised to help source more funds that will help meet the water deficit in Nairobi. This will involve getting more funds for sinking…

Youths,women to be given priority in City Hall jobs

The County Government will give priority to young people and women in filling positions of the new jobs advertised on Wednesday. The Nairobi County Public Service Board on Wednesday advertised  recruitment of 800 County Constables ,200 Fire Fighters and 498 ECDE care givers. Governor Mike Sonko has promised to personally follow up to ensure that youths, women and persons with disabilities are given priority. The govenor has further called on the board to consider applicants based on merit.  We are not going to pick old people who have worked before…

Alexander Forbes clienteles wins big from Octagon services deal

A new strategic partnership has been entered into under which Octagon Africa will serve Alexander Forbes multinational clients with a presence in Kenya.  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…

The EurAfrican Forum in search for a common ground between Europe and Africa

2020 edition will look for new opportunities for both continents as it unveils its theme In Search for a Common Ground. The 3rd edition of the EurAfrican Forum (www.EurAfricanForum.org) to be held on July 2nd and 3rd in Cascais, Portugal will be gathering over 700 European and African key actors from more than 60 countries; 2020 edition will look for new opportunities for both continents as it unveils its theme In Search for a Common Ground; The program will focus on key topics as Africa and Europe relations, Free Trade Agreements, Climate Change, African Arts and…

United Nations Mission in South Sudan (UNMISS) inaugurates New Solar Panel Farm to generate Renewable Energy at UN House, Juba

The installation is expected to significantly reduce the peacekeeping mission’s use of noisy, expensive and excessively fuel-consuming generators. The United Nations Mission in South Sudan has inaugurated a new solar panel farm at one of its compounds in the capital Juba. The installation is expected to significantly reduce the peacekeeping mission’s use of noisy, expensive and excessively fuel-consuming generators. “These solar panels can save the burning of about 3,000 litres of fossil fuel every day,” Asharam Nhemafuki, an engineer serving with the peacekeeping mission, said. Since 2011, the peacekeeping mission…

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…