@ SG

an elephant,the other two are extinct

Which is the odd one out;

A) An elephant

B) An Honest MP

c) A Dinosaur

and why?

Vile beer imerise guys befriend an army guy,barracks beer + wine  na whiskies  ni cheap near half price but you must behave those people can nyorosha you mpaka uwe sober si uongo.

I wish the Brokerage firms' paid up capital would have been increased to KShs 300m instead of the KShs 50m suggested. The volumes of cash these people deal with compared to what they hold as paid up capital is obscene. But at least it's a step in the right direction. I still think a thorough review of the Corporate governance requirements of both brokerage firms and investment banks has to be undertaken to safeguard investors' funds.

i stil do not know where AK intends to get funds to support the bloated government. Despite the loss of jobs,the government should start trimming its workforce. I have been to an office where you have like three secretaries. One types hand-written documents,one takes phone calls and one makes tea!

For KQ shareholders a boost it seems as VAT on international air travel is zero rated. As for Telkom's CDMA wireless,....welcome to the excise duty world where there will be a level playing field with the rest of the wireless world.

The infrastructure Bond,internal debt redemption and loads of goodies for various ideas are really what make this budget a good one to a certain extent.

Am particularly happy that import duty on bikes is off (hata kama ni only upto 250cc) eliminating VAT on rice and bread will help,easing import of maize (hata kama only for the reserve) is also not bad. Means our own production can go into the food market and dilute prices a bit. Football - finally we can run a better league now.... Our sportsmen have some handsome tax advantages.

My main concern - did anyone catch something on fuel prices? The highlight - MPS to be taxed on ALL allowances!! Hapo amewashika!

Some things I've heard:

Zero-rating of VAT on International travel to Kenya done
Same for motorcycle imports of engine capacity of upto 250cc
Import duty on cement reduced from 45 to 25%
Removal of import duty on all telecommunication equipment
Removal of import duty on all Computer Printers done
Zero-rating of VAT on Bread & rice proposed
Duty on wheat reduced from 35% - 10% for an year
Minimum Capital for banks raised from 200m-250m to Ksh. 1B. To be done over 2yrs.
Insurance companies allowed to invest upto 10% in the stock exchange
Stockbrokers to take mandatory indemnity cover for clients to cover for any employees embezzlin clients money.

To work with Privitisation Committee and identify more govt divesture

..........CGT on shares trading!!!!!!...........and the death of NSE starts today midnight......if this is true.

Shall not happen,will not happen.

Kimunya knows better that to try public financing route.

Any economist worth his salt will assure you that.