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Fuel to attract VAT
smallfama
#1 Posted : Tuesday, February 10, 2015 12:20:51 PM
Rank: New-farer


Joined: 8/15/2010
Posts: 99
Location: nairobi
Just when you started enjoying cheap fuel, IMF hits you with this..
http://www.businessdaily.../1/-/213wqd/-/index.html
The optimist
#2 Posted : Tuesday, February 10, 2015 12:29:46 PM
Rank: Member


Joined: 6/14/2010
Posts: 521
Location: Nairobi
[quote=smallfama]Just when you started enjoying cheap fuel, IMF hits you with this..
http://www.businessdaily...1/-/213wqd/-/index.html[/quote]

This IMF!
KulaRaha
#3 Posted : Tuesday, February 10, 2015 12:31:24 PM
Rank: Elder


Joined: 7/26/2007
Posts: 6,514
Thank God! Jam will reduce finally.
Business opportunities are like buses,there's always another one coming
mlennyma
#4 Posted : Tuesday, February 10, 2015 12:37:57 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
The arguement has been over 50% of oil price is tax,what is this additional tax,?punda achoke
"Don't let the fear of losing be greater than the excitement of winning."
MaichBlack
#5 Posted : Tuesday, February 10, 2015 1:23:36 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
How about this IMF goes to hell???

Where is Mwai wa Kefake???
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mlennyma
#6 Posted : Tuesday, February 10, 2015 1:40:01 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
MaichBlack wrote:
How about this IMF goes to hell???

Where is Mwai wa Kefake???

that man was economically sound although he looked quiet,so many taxes are being continuously introduced to make the economy strain.i think the top is not economically sensitive
"Don't let the fear of losing be greater than the excitement of winning."
butterflyke
#7 Posted : Tuesday, February 10, 2015 1:48:10 PM
Rank: Elder


Joined: 5/1/2010
Posts: 3,024
Location: Hapa
Just heard on the news that there is a proposal to increase fuel levy by 5bob?

Yaani hawawezi wacha mlipa ushuru apate nafuu kidogo? ABK
Float like a butterfly, sting like a bee. - Muhammad Ali🐝
Othelo
#8 Posted : Tuesday, February 10, 2015 2:20:52 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
Choices has consequences, let us live with it until vision 2030
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
MaichBlack
#9 Posted : Tuesday, February 10, 2015 2:53:16 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
I was not closely following the campaigns but I am sure I must have heard Uhuru and Ruto pledging to reduce the cost of living a couple of times. Is this how you reduce the cost of living?? Taxes on anything and everything! Followed by double and triple taxation???

And I also remember very clearly Uhuru saying that the Jubilee Government could meet its development without necessarily burdening Kenyans with more taxes. The emphasis must have been on 'necessarily'.

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Othelo
#10 Posted : Tuesday, February 10, 2015 2:59:51 PM
Rank: User


Joined: 1/20/2014
Posts: 3,528
VAT on fuel will have a serious impact (negative) in many business ventures in this country, wacha tu!!!!!!!!!1 Watching closely!!!!
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
ZZE123
#11 Posted : Tuesday, February 10, 2015 3:12:53 PM
Rank: Elder


Joined: 6/21/2008
Posts: 2,490
KulaRaha wrote:
Thank God! Jam will reduce finally.


You celebrate as other Kenyans sufferSad Sad
The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
streetwise
#12 Posted : Tuesday, February 10, 2015 3:24:25 PM
Rank: Veteran


Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
kweli mambo
Swenani
#13 Posted : Tuesday, February 10, 2015 3:25:22 PM
Rank: User


Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Lets just set the fuel price at a max of 200 bob which should be revised after 10 years
If Obiero did it, Who Am I?
mlennyma
#14 Posted : Tuesday, February 10, 2015 3:28:49 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
MaichBlack wrote:
I was not closely following the campaigns but I am sure I must have heard Uhuru and Ruto pledging to reduce the cost of living a couple of times. Is this how you reduce the cost of living?? Taxes on anything and everything! Followed by double and triple taxation???

And I also remember very clearly Uhuru saying that the Jubilee Government could meet its development without necessarily burdening Kenyans with more taxes. The emphasis must have been on 'necessarily'.


when a country is covered with ethinicity it is easy to slaughter all of them without much resistance.we want our person even if he is killing us.sometimes the truth looks like politics but i have no intention whatsoever to talk politics
"Don't let the fear of losing be greater than the excitement of winning."
MaichBlack
#15 Posted : Tuesday, February 10, 2015 3:55:49 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
mlennyma wrote:
MaichBlack wrote:
I was not closely following the campaigns but I am sure I must have heard Uhuru and Ruto pledging to reduce the cost of living a couple of times. Is this how you reduce the cost of living?? Taxes on anything and everything! Followed by double and triple taxation???

And I also remember very clearly Uhuru saying that the Jubilee Government could meet its development without necessarily burdening Kenyans with more taxes. The emphasis must have been on 'necessarily'.


when a country is covered with ethinicity it is easy to slaughter all of them without much resistance.we want our person even if he is killing us.sometimes the truth looks like politics but i have no intention whatsoever to talk politics

Totally agree with you!

There are some people who will not complain because they feel some sort if affiliation to the people in power. But that is the most stupid thing to do because these policies affect us as Kenyans not as tribes, political parties, clans and all that other nonsense.

Hakuna Fuel Station za CORD, Jubilee, Masai, Luo, Kamba, Kikuyu, Kuria, Middle class, hustlers, masufferer etc. Kikiumana kimeumana. And that applies to most of the other policies. Unlike Obama who increases taxes for some and reduces it for the others (low income earners) in Kenya there are no winners. Only losers. VAT on fuel is the worst. Everyone will be negatively affected.

Jubilee has made my life worse! They are too quick to take food off my plate which they didn't help cook. Their policies and programs should help me make Kshs. x more then they can come and say they want a fraction of that x!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
nzomah1
#16 Posted : Tuesday, February 10, 2015 4:18:25 PM
Rank: New-farer


Joined: 10/24/2014
Posts: 14
the cost of doing business is already high adding taxes left right and centre plus new arbitrary charges (toll charges on highways) will reverte economic progress made so far
MaichBlack
#17 Posted : Tuesday, February 10, 2015 4:49:10 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
I miss Mwai wa Kefake!!!

Seriously! Some people in this government need a crash course in economics!

Come up with policies that help the economy grow then get the same percentage of a bigger cake. This guys will end up getting a bigger percentage of a smaller cake. They will in turn increase the percentage and the cake will contract even further! One day they might just get 100% of nothing!!!

As it is, the cost of doing business in Kenya is extremely high. We should be trying to reduce that so that we can effectively compete. You keep screaming at foreign investors to come and invest here, you think this is the only investment destination? Or you think investors are charitable organizations?

Make the business environment conducive enough. At the moment it makes more sense to manufacture toothpaste (and almost everything else) elsewhere and export it to Kenya. It will still get here at a lower cost than if it was manufactured here!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mlennyma
#18 Posted : Tuesday, February 10, 2015 5:10:39 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
MaichBlack wrote:
I miss Mwai wa Kefake!!!

Seriously! Some people in this government need a crash course in economics!

Come up with policies that help the economy grow then get the same percentage of a bigger cake. This guys will end up getting a bigger percentage of a smaller cake. They will in turn increase the percentage and the cake will contract even further! One day they might just get 100% of nothing!!!

As it is, the cost of doing business is extremely high. We should be trying to reduce that so that we can effectively compete. You keep screaming at foreign investors to come and invest here, you think this is the only investment destination? Or you think investors are charitable organizations?

Make the business environment conducive enough. At the moment it makes more sense to manufacture toothpaste (and almost everything else) elsewhere and export it to Kenya. It will still get here at a lower cost than if it was manufactured here!

who listens to all this genuine advice??iam also poorer in 5yrs of jubilee for CGT and many others
"Don't let the fear of losing be greater than the excitement of winning."
smallfama
#19 Posted : Tuesday, February 10, 2015 5:38:57 PM
Rank: New-farer


Joined: 8/15/2010
Posts: 99
Location: nairobi
IMF is sure to make sure Kenya retreats back to poverty after such news fly...
http://fortune.com/2015/...e-new-world-of-business/
tinker
#20 Posted : Tuesday, February 10, 2015 7:14:02 PM
Rank: Member


Joined: 11/15/2010
Posts: 454
Location: Nairobi
They say, in Kenya if you have doubt..then there is no doubt.

Since when did the IMF implemented policies that will benefit a 3rd world country. or since when did the 'bigger' implemented policies that will generally benefit 'Wanjiku'.

I agree with @MaichBlack....that someone at the top needs a crash course in Economics.
....He who began a good work in you will carry it on to completion..
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