Kenyans are too familiar with stories of people who have bought “air” in the name of land or a house. Some, especially urban dwellers, have rented “air” instead of a house. People are being conned of their hard-earned money as they try to buy their dream homes or a piece of land where they can
The budget statement for fiscal year 2015/2016 read on 11th June 2015 by the Cabinet Secretary for The National Treasury highlighted a raft of tax measures aimed at collecting tax revenue from the landlords. The highlights were confirmed on release of the 2015 Finance Bill in which proposals to amend the Income Tax Act have
According to the Quarter 2 Hass property index the property market (ie. Rental and properties for sale) in Nairobi and Kenya in general is on a marginal rise, below is an excerpt from the report