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Fees, Taxes, Stupidity - 'clean' business is very tough in Kenya
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Jamani
#31 Posted : Tuesday, March 08, 2011 6:35:16 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
VituVingiSana wrote:
Corruption... http://www.standardmedia...030680&cid=457& Incompetence. Do we need more government? I say NO...


Certainly, I agree however instead of selling ourselves cheap, with cheap ideas we have to do something about it. We should stop lying to ourselves that we are saving by going for the cheap options they are never cheap, remember cheap is at an expense of something that you are not seeing at the moment. When you buy cheap you buy twice.
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  | | Edit by user: Tuesday, March 08, 2011 6:41 AM | Reason: Not specified
jguru
#32 Posted : Tuesday, March 08, 2011 8:55:40 AM
Rank: Veteran

Joined: 10/25/2007
Posts: 1,574
Sacco Societies Regulatory Authority (Sasra) (sic!) is another of those 'regulatory bodies'.

"FOSAs will also be required to ... pay an annual fee of 0.15 per cent of their deposits subject to maximum deposit levy of Sh6.5 million to SASRA to finance the regulators operations."


0.15% of all Saccos deposits will go to Sasra! Ludicrous!


http://www.businessdaily...2/-/c052ckz/-/index.html
Set out to correct the world's wrongs and you will most certainly wind up adding to them.
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  | | Edit by user: Tuesday, March 08, 2011 8:57 AM | Reason: Not specified
mukiha
#33 Posted : Monday, March 14, 2011 2:28:28 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
VituVingiSana wrote:
NSE & CMA charges/levies are way too high! The CMA charges us for fancy offices, huge salaries yet they have not helped really expand the market OR provided effective oversight.

ERC charges/levies.

CCK charges/levies.

Many others! There is KEBS. Which others?

NSE is a private company, not public. They started operations many, many decades before CMA was established.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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