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Username Investments Awarded as Best Stand In Real Estate Category At The 2019 Nakuru National Agricultural Show

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Username Investments was awarded for the Best Stand in Real Estate Category for excellent innovation portrayed in their stand during the just ended Nakuru Agricultural Show.

The premier event was held between 3rd– 7th July at Nakuru Show Grounds and brought together players from the agriculture, finance, transport, manufacturing, education, textile, hospitality, research, health and insurance sectors.

The award Ceremony was presided over by Hon. Simon Chelugui, the Cabinet Secretary Ministry of Water and Sanitation. Speaking during the event, the CS commended the over 150 exhibitors for their outstanding innovations.

The theme for this year’s Show was “Promoting Innovation and Technology in Trade and Agriculture”. In line with the theme, the Company showcased innovative ways of investing in real estate through a visual guideline on how to purchase land online through their website. The platform provides investors an opportunity to navigate through the various affordable projects, select their preferred property and make payment. The website also has a feature where clients are able to request for their account statements in order to track their payments.

On receiving the news of the grand win, Reuben Kimani, CEO, Username Investments noted that the stand concept was inspired by the desire to reflect the comfort that comes with owning a home in a serene environment. It gave a unique opportunity to display technology in real estate that continues to draw Username Investments towards their mission of providing the current and upcoming generations with a place to call home.

“Our stand combined the aesthetics of indoor living and the delightful outdoor experience. There were Safari Chairs, stacks of hay, a TV and a fire place to represent the items found in a home. The stand attracted a huge number of visitors who were particularly interested in the step by step process of purchasing land online and the success stories of our clients that were being played on the screen. Everyone who visited our stand received investment insights from our professional staff,” he said.

The Username CEO also noted that, “The 2019 ASK Show has been a great platform in increasing our outreach efforts to young people with investment opportunities especially in Nakuru County, which requires 10,000 affordable housing units in order to meet the current housing demand. However, only 2,000 units are available, creating a shortfall of 8,000 units according to a report by the Kenya National Bureau of Statistics. We continue to provide affordable land in Nakuru as a way of creating a long-term solution to housing”.

Kimani also thanked the Agricultural Society of Kenya for organizing the forum which made it possible to share information about affordable properties to various publics and enable them own land as the first step towards home ownership in line with the Affordable Housing Agenda under the Government’s Big Four Development Agenda.

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Uber Faces Tax Crisis London

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Recent report by the Uber Technologies In-cooperation in London has brought to light an interesting report as the United Kingdom seeks to give the Uber company a new classification as a transport provider, putting the company at a risk of incurring new tax charges that could weigh heavily on the business, this according to UK recent days accounts filings.

The new tax charges possibility comes as a great discomfort for the company and causes it further headache as it is coupling up with the regulatory problems which the ride-hailing company is facing in London, one of its largest markets.

Uber says that the tax charges are to be 20% on the gross booking fees or rather, the amount passengers are expected to pay or on the service fees normally accorded to drivers, typically about 20-30% of the entire fare. This situation will leave Uber no choice but to increase its passenger fee charges which will leave it vulnerable to the competition who have over the years been complaining about Ubers’ non-payment of VAT.

Uber said that it risked a back tax claim which could run to hundreds of millions of pounds as the charges could apply in both a retroactively and prospectively way. The company is defending itself vigorously by explaining its beliefs on Her Majesty’s Revenue and Customs. Currently, the structure of Uber is in such a way that for tax purposes, it exports digital services driver based in the United Kingdom from a Dutch subsidiary, Uber BV.  In future, Uber could be exposed to VAT because HMRC could deem its operation in UK to be a transport provider.

Uber failed to secure a 5 year term operating license by only being able to receive a 2 month London operating license in a battle with the regulator which has a history with the company of having stripped off its right to take rides.

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How this Company is Making it easy for Kenyans to own Smart Homes

Kimani Patrick

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From outright fraud to poor financial management claims by rogue developers, prospective homeowners in Kenya have become very skeptical on where to invest their money and achieve their dream of owning a dream home.

This notwithstanding, real estate is a lucrative industry and everyone should get a piece. But how can one identify a genuine dealer? Through professional management, industry experience, timely delivery and setting a track record right from the beginning, a concept that the newest affordable homes developer, Nyumbani Concepts, understands very well.

Founded in June 2019 and guided by the core values of integrity, transparency, professionalism, timeliness, prudence and honesty, the company started out on a mission to redefine affordable housing delivery in Kenya and to positively empower families across the country through home ownership.

The directors of the company Joseph Nderitu (Managing Director), Martin Njoroge (Chief Executive Officer) And Loontubu Caroline (Director Sales & Marketing) have a combined 15 years’ experience in real-estate, financial services and marketing ensuring that your investment is with the right professional team.

Nyumbani team is hands-on when it comes to ensuring site approvals are done within the set timeframes and that all properties are in good condition, location and perfect view before handing over to their clients. And with every transaction, the firm stresses on creative problem solving coupled with judicious application of sound real estate principles.

The company has created housing opportunities for all kinds of pockets at very fair and almost unbelievable deals with its flagship project already at the roofing stage – three months after laying its foundation. Installation of windows and doors have also been done and the contractor has already commenced on house plastering this week.

One of the houses at the Boma Estate by Nyumbani ConceptsWith at least Ksh 1.6M deposit, one is able to own a home with Nyumbani Concepts. The company allows you to pay remaining balance within a flexible period of 12 months as your home gets constructed. As an investor, the flexible investment terms give you an opportunity to strike amazing deals for a very fancy, fascinating and well-constructed home which matches your dream that will be a delight to own and reside.

With three projects in progress so far, Nyumbani is not just the first Kenyan company to grow with trackable speed but also the first to develop internet-ready homes. In every project, the company is installing CCTV security cameras and intercom connectivity for gate security.

Taking a look at the inaugural project, Boma Estate, a gated estate containing 3-bedrooms master en-suite bungalows which sold out within two weeks; the estate provides the owners with a shelter which not only soothes it but also inspires and energizes it like never before, beyond your wildest dreams.

Guided by the right principles, led by the right team and staring out setting the right track record, Nyumbani Concepts is the firm to trust in delivering your dream to own a home. But do not take our word for it, visit the company’s offices at Western Heights 1st floor right wing, Karuna Road, Westlands, Nairobi and ask for a free site visit. You can also call or send them a message on 0723 310000.

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KCB M-Pesa to Be Unavailable for 5 Hours on Saturday Morning to Allow System Upgrade

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KCB M-pesa service will be unavailable this Saturday on a scheduled maintenance. The maintenance is set to take 5 hours starting 2am Saturday October 4 2019 to 7am same day.

“Due to a planned system maintenance KCB M-PESA services will be unavailable on Saturday 5th Oct from 02:00am – 07:00am. We apologize for the inconvenience.” read a text sent to the service subscribers on Friday night.

Throughout the period subscribers will not access any KCB Mpesa services.

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