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Mwango Capital

@MwangoCapital

Sep 12, 2022 • 21 tweets • 7 min read • Read on X

Scrolly

We decided to make a #MwangoMemes as a tribute to outgoing President Uhuru Kenyatta given how memeable he has been.

He literally became the president of Meh-meh-s and he seemed to enjoy them too

Here are our top 10 memes from him:

1. Getting started a while back:

2. We have many faces of him:

3. Happy face:

4. Sad face:

5. Naughty face:

6. Cheeky face:

7. Funny face:

8. "Ona huyu" face:

9. This is kind of the way foreign journalists were waiting to see Kenya up in flames during elections:

10. Will be tough tomorrow for him wondering what to do now that he is no longer President:

11. At least for, the Presidential Retirement Benefits Act entitles him to a KES 34.7M lump sum pension for the 2 terms served, & an annual gratuity of KES 72M amongst many other benefits:

12. Meanwhile, he leaves behind a legacy of huge infrastructure project plus huge debts and a high inflation:

13. Slowly, Kenyans are going back to watching KBC. It is the only local channel showing the inauguration:

14. "Sasa, cheki yule pale anasoma memes zetu bila kulike au kuRT"

15. "Sasa, mnataka nido?"

16. "Wee, mimi sina pesa"

17. "And then we told them we are going to build 5 international stadiums"

18. "Do you see those #MwangoMemes, wueh? These #Mwango people know their stuff"

19. Anyway, he bows out tomorrow. Goodbye king of memes.

20/20: That is all we had from #MwangoMemes desk.

We started wanting to make only 10 and ended up making 20 memes!

Share your memes too!

By the way, subscribe to our newsletter and get our analysis weekly in your email: mwangocapital.substack.com/subscribe

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May 2

Starting 5th May 2025, NEMA will begin implementing the Extended Producer Responsibility (EPR) Regulations under the Sustainable Waste Management Act (L.N. 176 of 2024).

1/ A KES 150 levy will be introduced per item of packaging. 🧵

2/ What’s Affected?

The levy applies to nearly everything: plastic, glass, aluminium, paper, cardboard, rubber, leather, textiles, and composite packaging.

Think food wrappers, medicine boxes, cosmetic bottles, even sanitary pad packaging all fall under this.

3/ NEMA says the KES 150 will apply to "standard packaging" but that term isn’t clearly defined.

For example, if Panadol tablets are packed in strips, which come in boxes, the boxes packed into cartons, and the cartons stacked onto pallets - what exactly is considered the chargeable item?

Is it the strips, the box, the carton, or the pallet?

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— Suburbs grew +1.7% QoQ, matching Q4'24.
— Annual growth +6.9% YoY.
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— Up +2.4% QoQ, +9.9% YoY.
— Leaders: Kiserian (+5.0%), Thika (+4.6%), Juja (+3.2%).
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KETRACO [@KETRACO1] has taken 3 pages in the Star Newspaper to give more details on the Adani Energy deal.

Here is a thread with a few key points we noted from the statement.

@MativoMJohn @arnoldi254 @kinjeketile @Jasiri_MAR @DollyOgutu @lindahoguttu @RichardOnyonka_ 1. Background:

—The Transmission Master Plan (TMP) projects the need for an additional 9,600 km of transmission lines and a $5.2B investment by 2042 to support industrial growth and electrification.
—KETRACO is exploring Public-Private Partnerships to bridge the funding gap

2. Why PPPs?

—KETRACO projects have historically been financed through loans from development partners like the World Bank, AfDB, JICA, and Exim banks.
—The next set of funding from these partners is estimated to be available after the financial year 2028/2029.

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The latest Finance Bill proposes several key changes to Kenya's tax laws.

Here is a thread of a few things we picked:🧵

[Corrections welcome]

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💰 The tax rate is set at 2.5% of the vehicle's value

🔴 Minimum tax: KES 5k. Maximum tax: KES 100k

✍️Calculation based on make, model, engine capacity, and year of manufacture.

2️⃣ Withholding Tax:

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Here is the thread:

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"One of the factors that has been delaying this..is the tax liability which is fairly significant in the order of at least KES 75B & what to do with it"

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"If one were to compare the first two months of 2024 (Jan & Feb 2024), we see remittances for those two months compared to the two months in 2023 have increased by more than 20%"

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"A certain amount of private sector loans is denominated in dollars & therefore, when the exchange rate appreciated the level of credit to the private sector did decline"