Utki China is kicking out more than half the world s bitcoin miners 鈥?and they could be headed to Texas
NCBA聽and KCB聽have become the first lenders to increase the cost of their loans after a 20 percent excise duty tax on fees and commissions earned on loans took effect on July
stanley cup 1.KCB Group in text messages to its customers on Friday afternoon said that loans advanced through the KCB M-Pesa will now attract a fee of 8.64 percent. This is up from 7.35 percent.The NCBA Group said that all loan-related fees and commission will be subjected to the 20
stanley deutschland percent excise tax.The increase of the loan fees comes a day after President Uhuru Kenyatta assented into law the re-introduction of the 20 percent tax on all fees and commissions earned on loans, prompting banks to pass the increased cost to borrowers. Dear customer, following the assent of the Finance Act 2021 that has re-
tappo stanley introduced a 20 percent excise duty on loan fees, the revised KCB M-Pesa loan fee is now 8.64 percent, KCB Group told its customers on Friday.The 20 percent excise duty on loan fees will see banks pay the Kenya Revenue Authority more than Sh7 billion annually, even as credit becomes costly for homes and businesses as lenders transfer the burden to borrowers.Banks had opposed the tax saying that it would force them to pass the cost to borrowers, increasing the burden on borrowers already grappling with adverse effects of the coronavirus-induced hardships.RelatedPosts Top 5 African Cities With the Highest Purchasing Power in 2025 First National Bank relocates Junction Mall Branch to Spintex Road Manufacturers Upbeat Ab Ezje February laughs with Alex Vizorek at the Smakelijk! Comedy Club
The long-forgotten rail network will be revived in Sinai after decades of suspension. The story began in the late 19th Century when the British laid strategic tracks to protect the Suez Canal. During the First and Second World Wars, the railway became a lifeline, transporting soldiers and supplies. After each conflict, the tracks were left to rust, and Sinais potential for a civilian railway system remained unrealized.Following the October 1973 War Yom Kippur War , the railway system in the Sinai Peninsula experienced significant disruptions and s
vaso stanley uspensions, largely due to the ongoing conflict and military operations in the region.On Monday, a passenger train entered Sinai as part of
stanley termohrnek Egypt broader initiative to modern
stanley thermobecher ize its transportation network.The Ministry of Transport Kamel Al-Wazir has initiated a trial run of the Al-Fardan 鈥?Bir Al-Abd railway, which spans 100 km across the Sinai Peninsula.Egypt has embarked on a significant development and reconstruction plan for the Sinai Peninsula, aiming to transform the region and strengthen its infrastructure. One of the key projects is the railway network, including the Fardan 鈥?Bir Al-Abd railway line.This strategic move not only enhances connectivity but also serves as a clear signal against any potential Israeli plans to resettle Palestinians in Sinai, particularly in light of current geopolitical tensions and Israeli aggressions in the region.By reinforcing Sinai infrastructure, Egypt is asserting its sovere
