Month: June 2024

How the finance bill 2024 may cripple SMEs and startups

Sichwa News

According to Mercy Kimalat, CEO of  Association of Startup and SMEs enablers of Kenya, the proposed finance bill 2024-2025 may cripple SMEs and startups in the following ways. In Clause 35H and H of the finance bill 2024, the removal of zero-rated status for the e-mobility e-sector goods means that any item that had been zero rated such as importation of electronic bicycles, solar, lithium batteries, electric buses will reduce investors interest in this sector due to tax to be added. The e-mobility goods will remain expensive given that there…

Best Essential Online Tools to for online courses:

Sichwa News

Are you in online courses, check below tools for efficiency; 1. Udemy: A popular platform for creating and selling courses. 2. Teachable: User-friendly for creating professional online courses. 3. Thinkific: Offers customizable course creation tools. 4. Kajabi: An all-in-one platform for creating and marketing courses. 5.Zoom: For live classes and webinars. 6. Canva: Design tool for creating course materials. 7. Camtasia: Software for screen recording and video editing. 8. Google Workspace: Tools for collaboration and course management. 9. Mailchimp: For email marketing and communication with students. 10. Slack: For community…

Best Niches to Target for Selling Courses Online:

Sichwa News

The digital education sector is booming, presenting lucrative opportunities for entrepreneurs. Creating and selling online courses has become a profitable venture due to the increasing demand for flexible and accessible learning options. below are the niches to target. 1. Technology and Programming: Courses on coding languages like Python, JavaScript, and machine learning. 2. Business and Entrepreneurship: Topics include startup strategies, marketing, and leadership. 3. Health and Wellness: Fitness, nutrition, mental health, and yoga. 4. Finance and Investing: Personal finance, stock market investing, and cryptocurrency. 5. Personal Development: Time management, productivity,…

Two Assets to buy and forget about employment

Sichwa News

Want to forge about employment forever? These are some of the assets you can invest in and then forget about ever being employed. Real Estate investment Trust If you do not have the millions to invest in real estate, you can easily invest your little money by contribution in companies heavily involved in real estate and later get your profit and dividends. VUKA is one platform in Kenya where you can get REITs opportunities. Index funds Index fund involves buying company shares, the difference is that with index fund, you…

HAS SECURITY BEEN MISMANAGED?

Sichwa News

By Kipkalya Kones  (@CollinceBey – Via X) William Ruto is a national security disaster. This country is staying safe only by the grace of God and the timidity of its citizens. In fact, you have to openly question the mental state of the President after you enumerate all his security-related goofs. First, his personal crusades against IG Hillary Mutyambai, DCI boss George Kinoti and Gen Francis Ogola in the early days of his presidency pointed to someone alien to statecraft. Senior security bosses are never hounded out of the office…

NCBA Bank Branches and codes

Sichwa News

NCBA Bank Kenya Plc, is a commercial bank in Kenya. It is licensed by the Central Bank of Kenya (Bank Code number 07). The bank’s headquarters are located at NCBA Centre, at the junction of Mara Road and Ragati Road, in the neighborhood called Upper Hill, in Nairobi, the capital city of Kenya. Here are its branches and codes; Brach Code Branch Name 209 Mwembe Tayari 208 Ruiru Eastern Bypass 093 Kariobangi Branch 094 Queensway House Branch 095 Nakumatt Embakasi Branch 096 Barclays Merchant Finance Ltd. 097 Barclays Securities Services…

Here is how to update your Kenya Power token meter: KPLC Explain

Sichwa News

Kenya power has announced that all customers using prepaid token meters will be required to update their token meters before 31st August. Those who fail to update their tokens will have their meters failing to accept tokens. The method of updating the meter tokens was unveiled by KPLC MD Joseph Siror on Wednesday. “Customers will receive two codes from Kenya Power when they purchase tokens. They will be required to key the codes to their meter following the steps indicated in the SMS before loading the new token, “In other…

10 lessons from Sigmund Freud’s “The Interpretation of Dreams”

Sichwa News

Here are 10 potential lessons from Sigmund Freud’s groundbreaking work, “The Interpretation of Dreams”: 1. The Unconscious Mind: Dreams offer a window into the unconscious mind, a vast reservoir of thoughts, desires, and memories beyond our conscious awareness. 2. Dreamwork: Freud introduced dream analysis techniques like dream symbols, dream censorship, and wish fulfillment to understand the hidden meaning of dreams. 3. Symbolism: Everyday objects and events in dreams can symbolize deeper thoughts or emotions. Learning to interpret these symbols can be a key to understanding the dream’s message. 4. Wish…

How expensive it will be to own a car with the proposed Finance Bill 2024

Sichwa News

The finance bill 2024 has proposed introduction of 2.5% of car value vehicle tax. This tax will be deducted at the time of renewing car insurance cover. According to Naresh Leekha, the group MD of Simba Corporation’s motor division, private car owners will be the most affected by the proposed taxes. Treasury capped the tax at KSh 5,000 minimum and KSh 100,000. “There are two things: 2.5% of the value of the amount at which you have insured the vehicle and capping it at KSh 100,000. A high-value user who…

Murang’a county doubles its tax revenue to ksh 1 billion

Sichwa News

A report by the controller of budget released on Friday showed that Murang’a county’s revenue collection for the financial year 2023/2024 hit one Billion Kenya shillings. Murang’a County collected Sh520 million in the financial year 2021/2022 and Sh682 million in the year 2022/2023. The report indicated that the county registered the highest increase in revenue collection in the central region. The revenue doubled despite the county not increasing its levy charges. This sharp increase has been majorly possible because the county phased out cash payment for its revenue collection in…