Article: Real estate sector should prepare for a new normal – Ken Gichinga

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Share      [Source: The Standard, by Ken Gichinga] As the government continues to lower taxes in a bid to cushion the economy from the devastating effects of Covid-19, economists have been debating whether the new tax relief measures will drastically reduce revenue going to the State, leading to a slowdown in government operations. The evidence on the…


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Tenants want tighter controls on landlords

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Share      [Source: The Standard, by Mwangi Muiruri] The Urban Tenants Association of Kenya (UTAK) wants the Rent Restriction Tribunal amended to give renters more power to deal with landlords. The association also wants land rates that local authorities charge to be subjected to legal control. This, it says, should be done through establishment of a rent…


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Governor launches digital land register (Uasin Gishu County)

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Share      [Source: The Standard, by Titus Too] Uasin Gishu Governor Jackson Mandago  has ruled out waiving rates for defaulting land owners. Speaking during the launch of digital registration of land rates, Governor Mandago said every property owner must clear all dues by March 27. “There is no need to create unnecessary conflict with my administration. I…


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Showdown looms over tea land rates (Kericho County)

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Share      [Source: The Standard, by Nikko Tanui] A stalemate between the Kericho County Government and multinational tea companies over Sh1 billion land rates seems to be headed to a dispute resolution tribunal. This follows a pronouncement by the County Finance Executive Charles Birech that a land evaluation roll has been conducted and they were ready to…


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Kajiado slashes land rates by 65 percent

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Share      [Source: Business Daily, by Stanley Ngotho] Kajiado County has reduced land rates by 65 percent to promote compliance. The new rates formula follows a standoff between the county government and land owners in the last few months especially in satellite towns. They had been opposed the proposed rates and what they felt was ‘arm-twisting’ by…


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Parliament, Nairobi County in Sh300 million land rates dispute

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Share      [Source: The Standard, by Kamau Muthoni] Parliament yesterday moved to court in a bid to bar City Hall from demanding Sh399 million in unpaid land rates. Through its lawyer Anthony Njoroge, the August House told the court that it cannot pay money, seeing as the land in question is public. Nairobi County wants Parliamentary Service…


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Nairobi County proposal to raise land rates by at least 50pc

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Share      [Source: The Standard, by Benard Sanga] Property owners in Nairobi could end up paying 50 per cent more in land rates if MCAs approve a proposal by the county government to review the land valuation roll. Nairobi City County Government officials yesterday said they intend to cap land rates at 0.13 per cent of a…


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Egerton could lose land over Sh856m tax debt (Baringo County)

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Share      [Source: The Standard, by Julius Chepkwony] Egerton University risks losing a 642-hectare piece of land after the taxman demanded its title deed over Sh856 million tax arrears. The land is located in Marigat, Baringo County. This was revealed through court documents that the university has filed in response to a suit brought against it by…


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