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

Share
  •  
  •  
  •  
  •  
  •  
  •  

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…


Share
  •  
  •  
  •  
  •  
  •  
  •  

Tenants want tighter controls on landlords

Share
  •  
  •  
  •  
  •  
  •  
  •  

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…


Share
  •  
  •  
  •  
  •  
  •  
  •  

Absentee Landlords reject NLC proposal to sell property (Mombasa)

Share
  •  
  •  
  •  
  •  
  •  
  •  

Share      [Source: The Standard, by Patrick Beja] Absentee landlords have rejected a proposal by the National Land Commission (NLC) to sell the property to its current tenants. The descendants of former Coast rulers, most of who live in Oman are opposed to valuation rates by the NLC which set the plots value at between Sh400,000 and…


Share
  •  
  •  
  •  
  •  
  •  
  •  
Taalamu

FREE
VIEW