Home Property Rent, land rates bring Nairobi most revenue

Rent, land rates bring Nairobi most revenue

nairobi city county
[Image source: African Arguments | Credit: Nina R.]
Share


Business Daily | by Collins Omulo


Housing rent, fire inspection certificate and land rates topped the revenue sources Nairobi County for July to December 2020, data shows, netting Sh1.3 billion.

City Hall recorded only Sh3.9 billion in own-source revenue during the six months under focus against a target of Sh6.4 billion. Land rates recorded Sh1.1 billion in the first half of the financial year ending June 30, 2021 against a target of Sh1.2 billion.

This represented a performance of 89 percent and more than Sh900 million increase compared to…

Read more…

[Image source: African Arguments | Credit: Nina R.]

Share

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version