By Baikúlia-òBamung'o TRENDING in recently, is the news of foul murder there in Kilimani, Kenya's leading dungeon of sin, treachery and illicit carnal carnivores. Grapevine that circulated after the murder insinuated the crime was a culmination of trade in gold gone haywire. Gold, again, is a hot cake in asset investing. Historically, the biggest drawback … Continue reading The bounce back of Gold
Month: October 2020
The allure of the Auction Theory
Auction markets illustration Paul Milgrom and Robert Wilson are the laureates for the Nobel prize for economic sciences this year. Their works on inventing new dimensions in regime of the auction theory. Historically, a common auction method has been that of the sale by the fall of the hammer. In this method, people have always … Continue reading The allure of the Auction Theory
Preparing for Kenya’s Minimum Tax
By Thura Nira On January 1, 2021, Kenya's tax landscapes significantly changes. The minimum tax, introduced through the Finance Act 2020, will come into force. This tax will be charged at the rate of one per cent of the gross business turnover, a huge departure from the existing tax practice. Declare me a zero! Kenya … Continue reading Preparing for Kenya’s Minimum Tax