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NTV’s Dennis Okari ties the knot in spectacular wedding

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NTV’s Investigative Editor and anchor Dennis Okari has wedded his Naomi Joy in an invite-only ceremony held at a location on Kiambu Road.

Okari’s wedding was attended by family and close friends. All attendees were required to produce invitation cards before accessing the venue.

He was previously married to K24’s anchor Betty Kyallo. They had a daughter and separated months after their lavish October 2, 2015 wedding. The two have since divorced.

Dennis Okari and Bonfire bosses Mr &Mrs Kabu

Source: Nairobi News

READ ALSO:   Dennis Okari proudly flaunts his wife
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Has Saumu Sonko broken up with rich boyfriend?

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Nairobi Governor Mike Sonko’s daughter Saumu seems to have broken up with her latest catch.

This comes just months after the couple launched a nightclub, Wakanda Club, in Westlands.

Saumu, who had taken a social media hiatus, on Tuesday hinted at a breakup after unfollowing her bae and his club.

She also posted a suggestive write up stating; “I make mistakes, I get myself in stupid situations that I would have avoided from the start, I get hurt, I get used, I fail but one thing is for sure is that I never give up..I pick myself up, knowing so many people find inspiration in my doing and I’ve got to do what I have to do….one thing I would love to see in anyone looking upto me is never give up and perfection is overrated .your mistakes are what make you who you are …dont let anyone undervalue you!!PERIOD!!!”

Saumu has since deleted previous posts of the launch of the Wakanda Club.

The nightclub is reported to have been a joint venture between the two.

The couple went public about their relationship in early 2018, just months after Saumu’s bitter break up with baby daddy Ben Gatu.

Saumu at some point gave the man an ultimatum that the relationship was either leading to a wedding or a funeral.

READ ALSO:   Betty Kyallo posts sexy photo of self, keeps Kenyans guessing her next move

Saumu also braved online spats with her followers who accused her of snatching another woman’s husband.

source:nairobinews

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Diaspora

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.

READ ALSO:   VIDEO: Betty Kyallo's mom reveals how she contacts and rebukes those cyber-bullying her daughter

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.

READ ALSO:   Enda honeymoon, Kenyans urge Dennis Okari after posting news update on Twitter

“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”.

READ ALSO:   Divorced TV journalist finds love again, does secret wedding

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

READ ALSO:   Dennis Okari proudly flaunts his wife
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