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The Capital Markets Authority of Kenya (CMA) is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediaries, including the stock exchange, and the central depository and settlement system and all other persons licensed under the Capital Markets Act of Kenya.
Kenya School of Revenue Administration (KESRA) is the Kenya Revenue Authority’s premier training school specializing in Tax and Customs Administration, Fiscal Policy and Management. The School is one of the only four World Customs Organization (WCO) accredited Regional Training Centres (RTCs) in Africa.
The terminal can be a port, airport, or inland freight interchange, but must be a facility with the capability to receive the shipment. If the seller is not able to organize unloading, they should consider shipping under DAP terms instead. All charges after unloading (for example, import duty, taxes, customs and on-carriage) are to be borne by ...
The actual cost is a fixed amount for a given range of transaction sizes; for example Safaricom charges up to KSh66 (US$0.6) for a transaction to an unregistered user for transactions between KSh10 and KSh500 (US$0.92–US$4.56). For registered users the charge is KSh27 (US$0.25) or 5.4% to 27% for the same amount.
If the same seller issued a price quote of "$5000 FOB Miami", then the seller would cover shipping to the buyer's location. International shipments typically use "FOB" as defined by the Incoterms standards, where it always stands for "Free On Board". Domestic shipments within the United States or Canada often use a different meaning, specific ...
Here are some common closing costs for sellers, beyond agent commissions: Transfer taxes: Most states will charge some form of transfer tax to officially transfer ownership of the property. Some ...
This is the fund into which all money raised or received by or on behalf of the county government is paid including money raised from property rates, entertainment taxes, levies, fees, charges, etc. ( Article 207 (1) ). Article 207 (3) of the Constitution of Kenya states that the Controller of Budget has the sole mandate and/or power to approve ...
At the dawn of independence, stock market activity slumped due to uncertainty about the future of independent Kenya. 1988 saw the first privatization through the NSE with the sale of a 20% government stake in Kenya Commercial Bank. The sale left the Government of Kenya and affiliated institutions retaining 80% ownership of the bank. Notably, on ...