February 5, 2016

Are you a US citizen or a permanent resident and have assets in Kenya? You may want to read this IRS requirement

By ANTONY KARANJA in DALLAS, TX Tax filing season just got more interesting now that a new law, the Federal Account Tax Compliance Act (FATCA), has kicked in. The law requires banks to report foreign accounts held by Americans. This law was aimed at preventing fat cats from cheating and transferring money overseas to avoid paying tax but it is now affecting even regular Americans living abroad, and their children. The provisions became law in March 2010 but went into effect on October 2014. U.S. citizens, U.S. individual residents, and a very limited number of nonresident individuals who own certain foreign…

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Kenyan owned clothing store “Fab Klawzet ” to open in DFW on July 4th

A Kenyan clothing store is set to open in Arlington, Texas on Saturday July 4th, 2015. The clothing store owned by Ms Susan Njenga specializes in handbags, women and men’s shoes and prides in offering  everything you need to complement your wardrobe. The shop only works with high quality manufacturers, providing you with designer styles at affordable prices. The grand opening for the store will be from 10 am to 8pm. Visit the shop’s website here. http://www.fabklawzet.com/

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Central Bank boss Dr Patrick Njoroge, says No to posh house and ride in a motorcade.

The man in charge of Kenya’s money has turned down the offer to live in an expansive home in Nairobi’s Muthaiga and ride in a motorcade. Dr Patrick Ngugi Njoroge, who took over as Central Bank of Kenya governor last week, will instead be housed in communal accommodation in Nairobi’s Loresho estate with his fellow members of Opus Dei (Latin Work of God), an institution of the Catholic church. The institution teaches that everyone is called to holiness and that ordinary life is a path to sanctity. Most of its members are lay people, with secular priests under a bishop….

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No visa – no entry as Kenya launches new rules

Come midnight tonight, July 2, 2015, major changes in Kenya’s visa policy will come into place. Unlike in the past when many nationalities were able to get their visa on arrival in Nairobi or Mombasa, intending visitors will now have to apply for an e-Visa in advance, with processing days taking as much as a week. Upon vehement intervention from tourism stakeholders, a grace period has been extended but only for two months, during which time tourists and business travelers arriving at one of the two international airports can still get their visa on arrival, but effective September 1, this…

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Ambassador Robinson Githae to attend Kenya Diaspora Homes Expo in Dallas on July 4 weekend

Kenya’s ambassador to the United States Robinson Githae will be a guest at this year;s Kenya Diaspora Homes Expo in Dallas Texas scheduled to take place over July 4th weekend. According to the organizers, the Expo introduces  the gateway to building your Kenyan Economic Profile while you don’t have to travel back home. It is the first of a kind in Dallas. The event will be on July 4th and 5th and will be held at 500 West Las Colinas Blvd in Irving, TX, the same venue where H.E President Uhuru Kenyatta addressed Kenyans during his visit of Dallas last year….

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AIB Capital to grace Kenya Diaspora Homes Expo in Dallas TX on July 4th

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Kenya bets big on CNN adverts to woo tourists


Kenya is set to roll out a multi-million shilling global campaign within the next one month in its latest bid to reverse a two-year drop in tourist numbers. The drive, mainly targeting Europe, America, Asia and Africa, will include a one-year global advertisingcampaign on the Cable News Network (CNN) and the hiring of a public relations firm to promote the country’s image. “The major aim is to ensure quick recovery of the tourism sector to help improve the economy and job creation,” Tourism secretary Phyllis Kandie said in Mombasa on Thursday. The announcement comes just one week after the UK,…

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Brussels Airlines to quit Nairobi route on October 24


Belgian airline Brussels Airlines will stop its flights to Nairobi beginning October 24, following what it attributed to a change in strategy. “Brussels Airlines would like to inform you that, due to a new strategy within the Lufthansa Group, our service between Nairobi and Brussels will cease as from 24 October 2015,” country manager Pierre Declerck said in a statement. The airline has been flying tourists, businessmen and families to and from Nairobi. The number of tourists travelling from Europe to Kenya has dropped sharply on security concerns. It further advised that passengers can continue to fly between Brussels and…

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[VIDEO] How Kenyan traffic app Ma3Route was born


The Kenyan government estimates that traffic snarl ups in Nairobi cost the economy up to $600,000 a day. As the middle class grows, so too is the number of cars on the Kenyan capital’s roads. A young Kenyan innovator has made an app that helps motorists navigate their way out the nightmare that is Nairobi traffic.  

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New real estate ventures are reinventing Athi River Town, where villas go for $368,400 (Sh35 million)


Had you bought a house in Athi River three years ago, the cost would have been about Sh3.9 million. Now, it will cost you a staggering Sh18.4 million. The latter is the current cost for a four-bedroom bungalow sitting on a quarter-acre piece of land. It’s a depiction of how things have changed for the town that is in Machakos County. If the bungalow does not suit your taste, then you can opt for the super bungalow, which will set you back Sh22.6 million. Not long ago, Athi River was just but a rocky plain thatched with shrubs and thorny…

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