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VIDEO: Popular Kenyan gospel musician Bahati finally admits fathering a girl

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After living in denial since 2015, gospel artiste Bahati has finally come out to openly admit that he had a thing with the mother of his daughter. And in News Trends, Diamond Platnumz speaks out after Zari Hassan visits hospitalized ex-husband.

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Kenyans wire back Sh1trn in offshore bank accounts

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Wealthy Kenyans have wired back an estimated Sh1 trillion from offshore accounts in the past three years, taking advantage of a tax amnesty offered by the Treasury.

The Kenya Revenue Authority (KRA) in a response to Business Daily queries said the amount was repatriated by some 16,000 applicants who took advantage of the amnesty window during which they were not required to declare the source of their wealth or even account for previous years’ tax arrears.

The amnesty, which was announced by Treasury Secretary Henry Rotich in 2016, is set to close next month.

“We have received over 16,000 applicants with the amount repatriated so far at Sh1,014,058,103,551. The incentive was meant to encourage Kenyans to repatriate their wealth back to the country for purposes of development,” said KRA in a statement.

The amount wired back is more than one third of Kenya’s annual Budget.

Wealthy Kenyans have traditionally stashed wealth abroad to either escape the taxman’s scrutiny or to spread their risks by investing in the more politically and economically stable Western democracies.

A report by an American think tank, the National Bureau of Economic Research (NBER), last year revealed that Kenya’s super-rich were holding more than Sh5 trillion in offshore tax havens across the world.

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Another international report released in 2007 detailed how a corrupt network in the Moi administration looted at least Sh130 billion and stashed it abroad, including in the United Kingdom and South Africa.

The report by risk advisers Kroll and Associates was commissioned by the then President Mwai Kibaki’s administration.

The 110-page report published online detailed how people close to Mr Moi set up shell companies, fronts and secret trusts to siphon away Kenyan taxpayers’ money, which they stashed in banks, real estate and companies in an estimated 30 countries around the world.

With the return into the country of the over Sh1 trillion, the owners of the cash have effectively ‘cleaned’ their wealth and evaded any questions on the source of the money or any tax liabilities that may have been due in the years before they made the declaration.

The colossal amount has, however, not made a visible impact in the economy, raising questions on where the cash has been kept.

Kenyan laws have a narrow scope on taxation of wealth earned abroad, but the amnesty offered a golden opportunity for those who had stashed cash offshore to bring it back without scrutiny.

Deloitte East Africa Tax Partner Fred Omondi said in an interview yesterday that most tax audit firms had not received any significant enquiries from Kenyans willing to repatriate wealth back home.

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“We haven’t seen a lot of uptake of this amnesty given that most income earned abroad is not subject to taxation in Kenya. Until the money is invested here and taxable income generated, there is no tax revenue to expect,” said Mr Omondi.

Mr Rotich, who yesterday did not respond to our queries on the impact that the Sh1 trillion has had on the economy, at the time of the announcement said the amnesty would make the environment more conducive for those willing to reinvest back home.

“Mr Speaker, taxpayers who take up this amnesty shall have all principal taxes, interests and penalties for the year of income, 2016 and the prior year’s automatically remitted in total. In addition, the government shall not follow up on the sources of such income and assets declared,” said the Treasury CS in his 2016 annual Budget Speech.

The incentive has since been extended twice to allow more uptake after potential applicants failed to take advantage fearing they would be subjected to provisions of Proceeds of Crime and Anti-Money Laundering Act.

Mr Rotich last year amended the law to exempt them from the requirement to declare the source of their wealth to the Financial Reporting Centre. He urged taxpayers to take advantage of the amnesty and “clean up their records with KRA”.

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KRA then issued guidelines on the repatriation and signed certificates for those who successfully applied for the repatriation during the period. The tax forgiveness applied only to those who declared income from their wealth abroad, including homes, for the period up to December 2018.

They were expected to file their returns with KRA.

Audit firm Ernst and Young, in its analysis of the amnesty in March 2016, warned that the process was prone to abuse.

“The amnesty should be undertaken with precaution as there is the potential for abuse with respect to money laundering under the pretext of repatriating assets,” the firm wrote a day after KRA held a stakeholders meeting to get feedback on the guidelines provided for the amnesty.

Delloite’s Fred Omondi also said the amnesty could have been used by those seeking to clean their funds before taking them back to the offshore havens with the needed legitimacy granted through the repatriation.

source:businessdaily

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38-year-old DJ Makena says she’s not yet ready for marriage: Searching for someone who really speaks to my heart is not easy

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DJ Pierra Makena isn’t ready to walk down the aisle any time soon because she hasn’t found someone worth it.

The mother of one who recently clocked 38 years revealed that she’s not in a rush to settle down because she’s looking for someone who will understand her.

“I’m not ready for marriage, not ready to be someone’s wife yet. I’m not in a rush. Searching for someone who really speaks to my heart is not easy,” she said in an interview with Mpasho. 

Private

Makena said that though her love with her baby daddy went sour and he walked away, she’s still not afraid of loving again. But, she’s keeping everything private now more than ever.

“I believe in love. Many people thought that after the breakup I would not love again. I tend to give a lot of love, I get to receive a lot of love. But you know what, I never put my love life in public. I am a loved girl. I really like to keep my life private,” she said. 

Adding:

“Nowadays I look for the heart. It’s not all about material things. I love someone who speaks to my heart.” she posted. 

source:Ghafla

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When online Mafisi crush on your spouse

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Frankie and Maureen

“I love your lips. “You look so yummy!” “So sexy. Would you be mine?”… If you thought these cheesy love lines are from a lover, you are wrong. In fact, the people involved are strangers and the person being addressed is taken. The platform? Social media. So, what do you do when people openly declare their love for your partner in front of your eyes?

Francis Kiarie aka Frankie of Just Gym It, who runs a YouTube channel Alpha Beta, with his wife Maureen Waititu, says online crushes are not a strange thing. Flowever, overtime he has learnt to ignore them. Flowever, some are difficult to deal with, so he blocks them. The most annoying are gay men who outrightly hit on him. “It is so annoying. I wonder why people cannot respect that I’m married, respect my space and just leave me alone,” he says.

Frankie and Maureen

Frankie and Maureen

Many followers

FI is wife, Maureen, says the hardest bit of living a life online is having to deal with disrespectful people without boundaries. “I once had to deal with a woman, who was crushing on Frankie. The stalker went to an extent of creating a pseudo account and kept on messaging me on how Frank will leave me, claiming they had a relationship,” she recalls.

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The couple are open to one another and share their experiences. “Our line of communication is always open. When crushes become too much, we block them,” she adds.

Having many followers means getting our online posts viewed. No wonder, many couples in the limelight such as musicians, journalists, leaders, among others, are bound to face such issues. And while back in the days, it was almost impossible to be in touch with your crush, social media has brought them closer. The anonymity of it makes it even worse, because some admirers use pseudo accounts to post and comment their hearts out.

Radio personality Anita Nderu, also knows this too well. “Sometimes I go through my comment section and just laugh. But I’m happy they don’t get into my love or me. He trusts me. So when he sees those suggestive comments on my posts, he just ignores them,” she says. However, when it gets worse, Anita doesn’t hesitate to press the block button.

Peter Kabi alias Kabi Wa Jesus, founder of Bantu Films, a videography and photography company, says he and his wife Milly wa Jesus do not entertain suggestive comments on their social media platforms. “We only appreciate those great comments we get from fan love,” says Kabi.

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However, he says whenever he sees suggestive comments on his wife’s post, he ignores them. “It is okay to get comments, especially if you are in the limelight. But of course, we know some comments are not meant for good,” he says.

Peter Kabi and his wife Milly wa Jesus have learnt not to entertain suggestive comments on their posts.

Peter Kabi and his wife Milly wa Jesus have learnt not to entertain suggestive comments on their posts.

But not all are understanding of the situation. Despite being open with her husband, Jasmine Wambui says every suggestive comment or compliment she gets irks her husband. “On many occasions, we talk about understanding each other and how it would be great if trust was built between us. But he still raises questions,” she says. One day it got worse and she had to delete some comments. “I delete suggestive comments to date. I do not want to have issues with my husband,” she says.

Uninvited spectators

Ken Ouko, a sociologist at University of Nairobi, says social media has created a new dilemma in human relations known as ‘existential in congruence’. “Social media has today invited a new complication in domestic or romantic relationships. It has replaced relational exclusivity with uninvited spectatorship. Instagram, for example, makes it appear as if relationships are on a thespian stage complete with a clap-or-boo audience,” he says.

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Also, in many instances, Ouko says saturated positive reviews may cause the other partner to feel relegated, ignored or shadowed, sometimes leading to jealousy. Intense negative reviews may carry the impact of causing the other partner to feel slighted, disrespected, offended or exposed, sometimes leading to doubts.

Ken Munyao, a psychologist at People Centric Management Company, says that is why it is good to try and moderate crushes through the posts you share. “It is not bad to have crushes because it means someone is admiring you. But how far does it go? How much do you entertain the person and do you let them know that there are boundaries?” he poses.

When you get crushes, it is good to reach out and tell them to stop, That is if they get in the way of your relationship. It is also good to declare your relationship online. “You need to come out and say you are taken. This way, maybe some would stop going too far. You will be able to stop jealousy through acknowledging,” he says.

source:People Daily

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