
49th law #COYG | #HALAMADRID | You don't have to kill every mosquito in the room | .
Everywhere
Joined August 2011
- Tweets27.2K
- Following1.1K
- Followers1.8K
- Likes4.3K
Pinned Tweet
Learnt alot this year. But the most important part is learning to have options.
NEVER COMMIT, no matter how juicy an instrument is.
ki〽️ retweeted
Replying to @PizzaInnKenya
@Marvel_Marvo my all time shujaa,that you so much for coming through in my hardest times and for making my life in campus smooth 🙌🙏🙏.MAY ALLAH BE WITH YOU ALL THE TIME.
Drama. 😂
BREAKING NEWS: Ministry of Health Suspends All Govt Meetings, Seminars in Hotels After Ebola Case
read.kenyans.co.ke/EZgsq
So, what impact does it have on money laundering? Will that business still thrive?
Many people have not understood what KRA means when it says,
KRA is introducing stock management system in eTIMS.
This is what KRA means.
Let us say you run a hardware store, or an electronic shop, or a car spare parts shop, or a petrol station.
You buy 100 bags of cement from Simba Cement. Simba gives you an eTIMS receipt.
Through that sale, Simba has told KRA, we have sold 100 bags of cement to xyz ltd.
KRA on the other end says sawa boss. Then it automatically replenishes your cement quantity in your eTIMS account.
You now have 100 bags in your eTIMS available to sell.
Every time you make an eTIMS sale, the quantity is deducted from those 100 bags.
You sell 20 bags. You have 80 left.
You sell another 50. You have 30 left.
Now, this is where things get interesting.
- eTIMS will not allow you to generate eTIMS receipts when your cement quantity hit zero. It will not permit you to sell air.
The same thing applies to a petrol station.
Your supplier sells you 1,000 litres of petrol. That supplier's eTIMS sale tells KRA you received 1,000 litres. KRA instantly replenishes your eTIMS stock by 1,000 litres.
You sell 700 litres. eTIMS deducts the 700 litres. You should now have 300 litres remaining.
KRA can see the whole movement from the top of Times Tower.
And when the 1,000 litres are finished, you cannot continue selling & issuing eTIMS invoices.
When your supplier makes the next sale to you, your eTIMS stock is replenished and you can start selling again.
So if the business owner declared in his tax return that he had zero litres of petrol left. KRA will call him behind the tent. Wamwambie. Ndugu, ona. You bought 1,000 ltrs. You sold 700. Saa hii unasema iko zero. Where are the other 300 ltrs?
KRA says it is introducing this system to make your business fully visible to KRA. So as to reduce tax evasion.
It's been same story for years. @DStv_Kenya can attest to this
We are all within schedule.
He is not smart after all....
🗣️ Greece manager Ivan Jovanovic on Tzolis:
“How am I supposed to handle it? I’m his coach, I tell him to come off and he tells me: ‘I’m not coming off.’ What am I supposed to do?” 😳
via @dimitrismanakos


















