where to buy sildenafil citrate online


Archive for March, 2015

The How to guide

30 Mar

…Start a business in Kenya

One of the long-term goals that the Kenyan Diaspora aims to achieve is to eventually start their own businesses back home.  So I have decided to put together a list of the legal requirements that every entrepreneur must consider.  I have also taken the liberty to include some of the associated costs so you have an idea of how much you need to send back home to Kenya in order to set up and register a new firm.

  • State registration of legal entity, statistical, and tax registration with the Center for Public Registration: (cost KES 100 per name reservation)
  • Stamp the memorandum and articles and a statement of the nominal capital: (Will cost 1% of nominal capital + KES 2,020, stamp duty on Memorandum and Articles of Association
  • Pay stamp duty at bank: You will need to pay KES 100 for bank commission)
  • Declaration of compliance (Form 208) is signed before a Commissioner of Oaths /notary public: (cost KES 200)
  • File deed and details with the Registrar of Companies at the Attorney General’s Chambers in Nairobi: (cost  KES 6360)
  • Register with the Tax Department for a PIN and VAT online: (no charge)
  • Apply for a business permit: (cost KES 5000)
  • Register with the National Social Security Fund (NSSF): (no charge)
  • Register with the National Hospital Insurance Fund (NHIF): (no charge)
  • Register for PAYE: (no charge)
  • Make a company seal after a certificate of incorporation has been issued: (cost between KES 2,500 and KES 3,500)


This by the way is just the beginning; a brief checklist that you need to go through to ensure that you have all the required documentation to ensure that you do things in a completely legal way


Saving Money in 2015 Part 2

26 Mar

Continuing our tips for the year in saving money. Saving in Kenya is an important idea for individuals as it helps them budget their finances and know what to invest in. It has come to the realization that many Kenyans have poor spending habits ending up with little or no money to save hence become broke. Also another problem is lack of financial discipline and the opting of the easy way out , which actually means that taking that easier option will put one under even more trouble.

One must strive to avoid debt as much as possible.  Avoid accumulation of new debt. Some debt is essentially unavoidable. For instance, only the very rich have enough money to buy a house in one lump sum payment, yet millions of people are able to buy houses by taking out loans and slowly paying them back. However, in general, when you can avoid going into debt, do so. Paying a sum of money up-front is always cheaper in the long run than paying off an equivalent loan while interest accumulates over time. If taking out a loan is unavoidable, try to make as big of down payment as possible. The more of the cost of the purchase you can cover up front, the quicker you’ll pay off your loan and the less you’ll spend on interest. If you can eliminate or strive to eliminate your debt. The sooner you can eliminate debt the less interest you will pay. Even as you work towards getting out of debt, be sure to create an emergency fund, if possible entirely separate from your savings account that you created.

Tip of the Day

Buy Goods in Bulk

Bulk buying ensures that one gets the basic requirements that will help them get what they need at the time when they are not readily available. Furthermore, it has come to the realization that most people that buy bulk products save more money than the ones that buy small quantities on a daily basis. Consumers should buy goods in large amounts and ensure that they have the basic things they need to survive.




Guide to buying a used Japanese vehicle online

23 Mar

Rising GDP levels and vibrant economic activities has seen and increase in the import of second hand vehicles, particularly from Japan. The rising middle class have money to spend but not enough to purchase new or local vehicles on the market hence the next best thing is importing cheap Japanese vehicles available through online traders.

Obviously the fist port of call is to check whether or not the vehicle is in good working order. Most of the online traders state that they check the vehicles and tested by qualified mechanics who will established whether the vehicles are in good working order. One can also look at auctions and use a Japanese car exporter who can represent you at the used auto auctions in Japan. These are your sales agents who would view the thousands of cars at the auctions and help you to find the exact car models and makes you want.

The three main regulations when considering importing / exporting a car to Kenya are:

Age Limit: In 2015 only vehicles manufactured in the year 2008 and onwards will be allowed to be imported into Kenya

Left Hand Drive Vehicles: All left hand drive vehicles are not allowed for registration unless they have a special purpose.

Road Worthiness: All motor vehicles imported into Kenya must be inspected prior to shipment by QISJ for road worthiness.

Payments are done usually by electronic transfers into accounts. This makes the task of purchasing vehicles online a haven for fraudsters. Potential vehicle importers must be extremely cautious before ordering a vehicle on the internet. Before buying a Motor vehicle online, kindly check from http://www.jumvea.or.jp/ if the online vendor is a legally registered business in Japan. Members of the Japan Used Motor Vehicle Exporters Association (JUMVEA) are legally registered & licenced Used Car Dealers, are vetted for legality and credibility and are committed by Association values.




Positive outlook for Kenyan Economy

19 Mar

The World Bank raised its growth forecast for Kenya to 6% this year, sharply up from its previous projection of 4.7%. Investors have been skittish about Nigerian assets as plunging oil prices pummel the West African nation’s economy are casting their eyes across the continent to Kenya. This comes on the back of China declaring Kenya as the preferred investment destination in the region, saying the country has reformed its business environment and offers better incentives compared to its neighbours. China’s Director-General of African Affairs Lin Songtian said investors from his country were interested in setting up industrial parks in Mombasa and establishing manufacturing zones along the standard gauge railway corridor.

The World Bank raised its growth forecast for Kenya on March 5, saying oil prices that have tumbled 48 percent since June would boost the economy of the nation, a net importer of crude. By contrast, Nigeria is set to slow, the International Monetary Fund said the same day. The continent’s biggest oil producer is struggling with falling export revenue and a loss of investor confidence after it postponed elections amid the insurgency by the Islamist group Boko Haram in the country’s northeast. This has seen investors sell off Nigerian bonds and acquire Kenyan debts. This trend is set to continue as Kenya’s revenue base is more diverse and oil prices are lower. The Chinese are confident in the strides the country has put in the legal mechanisms, one-stop-shop and incentives framework that will attract and retain Chinese investors as a strategic conduit to the African market and larger Chinese market. Such confidence emanates from basic facts about the country. Kenya, with 41 million people and a gross domestic product of $55 billion, is the biggest economy in East Africa, with tea, coffee and tourism among its main sources of foreign exchange. Investments in infrastructure, agriculture and manufacturing are creating more jobs and should increase growth to 7% by 2017 according to the World Bank


Kenya Cricket missing in action!

16 Mar

The Cricket world cup is up and running which people can be forgiven to ask where the hell is Kenya?? In a tournament featuring the likes of Afghanistan, the UAE and Scotland one cannot but wonder what has happened to Kenya cricket over the years. One can look at the glory years of the early 90s, a shock victory over the West Indies in the 1996 World Cup thrust the Kenyans into the spotlight. They won completely on merit, and Steve Tikolo looked, by far, to be the best batsman in the game. The bowlers performed excellently to defend a paltry total, and despite a less excellent performance against Sri Lanka in their last game, the ICC saw fit to invest in ODI status for the Kenyans. In the 2003 world cup victories over fancied opponents like Zimbabwe and Sri Lanka managed to carry the team all the way to the semi finals of the prestigious tournament. The followed years of regular wins against associates like Ireland, Canada and Scotland however, 11 years after being granted ODI status, we find ourselves in Division 2 for the next four years or more and more so we have lost that one day status.

Kenya cricket legend  Aasif Karim believes that the foundations of Kenyan cricket are collapsing. The development structure and domestic cricket became weaker as Kenya developed internationally. Karim and his team-mates in the 2003 World Cup learned the game in the competitive Nairobi club scene in the 1980s. Test players including Sanjay Manjrekar, Kiran More and Sandeep Patil were all involved. But too little was done to bridge the gap between club and international games. “If you don’t have a good development structure, where are the Tikolos or the Odumbes or the other players to come from? he asked. He stated that Kenyan cricket is as good as dead and to revive it will take a monumental task that involves all stakeholders, and they would have a brainstorming session for a week or so to try and see how we could revive it. Then obviously the key would be to go into schools cricket, estate cricket, development cricket, and start again. If those things were done correctly and we had good, competitive cricket, we could bring back the crowd support. That would generate income because you could bring in the corporates.





Saving Money in 2015 Part 1

12 Mar

Everyone is looking for financial progress in whichever way possible. But whichever the means one settles on, saving has always been the best option for many but saving money is one of those tasks that are so much easier said than done. Everyone knows it’s smart to save money in the long run, but many of us still have difficulty doing it. There is more to saving than simply spending less money, although this alone can be challenging. I believe the first port of call when it comes to saving is to make a dedication to yourself albeit to your God or your family or whatever you choose to make a dedication by. You the resolve, a declaration something that you can swear to that you will embark on a quest to save money come hail come thunder. There are several ways to go about saving money we can explore a few right here.

The easiest way to save money rather than spending it is to make sure that that you never get a chance to spend the money in the first place. Only 24 percent of Kenyans have an adequate emergency savings cushion, and an equal 24 percent have no emergency savings at all — so the majority of people need to heed this tip. Since the biggest barrier to saving is not being in the habit of saving, the best way to get in the habit is to pay yourself first. Arranging for a portion of your salary to be deposited directly into a savings account or a retirement account takes the stress and tedium out of the process of deciding how much money to save and how much to keep for yourself each month. Decide how much you want to save and set up an automatic debit and forget about it. One can even talk to their employers to arrange that a portion of their salaries be paid into this savings account. The main thing that one must focus on is sticking to the goal set out. Another security feature is to put in a notice period on this account so as to avoid any compulsive dips into the account.

Another way to save money smartly to is track your spending. You will need to monitor how you spend money on a daily basis that will lead up to monthly spending. On can table the average items they spend on starting with this most important down to the unnecessary. With this list one can start cancelling out things they do not need and start saving. Fewer than 6 in 10 Kenyans, just 58 percent, track their spending against a monthly budget. Whether you call it a budget or a spending plan, getting a handle on your spending accomplishes two things: It helps you determine where you can cut back, and it helps maximize your savings efforts. While everyone should keep track of major expenses like housing and debt repayment, the amount of attention you devote to minor expenses generally increases with the seriousness of your financial situations.

That is it in our first instalment of money saving tips for 2015. Remember the key to saving is making a bold declaration of intention to do so and follow that up with action aimed at achieving what you set out to do. Remember make saving fun but be disciplined in your approach, stick to your task and you shall reap the rewards.