Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

KSh. 37 Billion Pending Compensation For Evicted Landowners

Benson Muriithi by Benson Muriithi
March 16, 2023
in News
Reading Time: 1 min read
Evictions

Evictions

The Kenyan road agencies now owe evicted landowners an accumulated amount of Kshs 37.0 bn after forcefully using the compulsory acquisition clauses available in the law to evict them but defaulting on the payment deadline past the 24-month deadline. 

Official government data shows the Kenya National Highways Authority (KeNHA) is the leading defaulter owing these landowners Ksh 35.0 bn by the end of the first week of March 2023.

The Kenya Rural Urban Authority (Kura) came in second after defaulting Kshs 1.8 bn compensation followed by the Kenya Rural Roads Authority (Kerra) with a due compensation worth Kshs 542.5 bn. 

Kung’u Ndung’u, the KeNHA director general, while addressing MPs, said that the major reason for this delay in payment is a result of budgetary constraints that the authority, KeNHA, has been experiencing for the last few years.

RELATEDPOSTS

Investing in USD Money Market Funds: A smart choice for stability and liquidity

November 10, 2026

Employers face final hours to file October PAYE returns

November 9, 2026

Read: Two Titles, One Parcel Of Land: What The Law Says

A section of the affected Kenyans is now furious questioning the poor planning of these agencies who invoke the law and forcefully evict them while not holding their end of the deal.

These victims are now arguing that the road agencies should secure funds first before even beginning the eviction bearing in mind the 24-month deadline period. 

However, the authorities endeavor to fully compensate all the affected victims once they have received the budgetary allocations from the Treasury.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

KEBS Targets Small Enterprises In New Levies

Next Post

Where To Access 5G Centres In Nairobi

Benson Muriithi

Benson Muriithi

Related Posts

News

Understanding Bond Yields and Prices

November 12, 2026
John Mbadi, Kenya's treasury secretary, during an interview in Nairobi, Kenya, on Wednesday, Aug. 20, 2025. Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Mbadi said. Photographer: Kang-Chun Cheng/Bloomberg via Getty Images
Business

CBK bond swap attracts low investor interest

November 12, 2026
Business

US investors increase interest in kenya

November 11, 2026
News

African Stablecoin Adoption Gains Momentum

November 10, 2026
News

How operational efficiency influences corporate value

November 9, 2026
News

The Growing Appeal of Government Bonds

November 6, 2026

LATEST STORIES

Understanding Bond Yields and Prices

November 12, 2026

Quickmart debuts on the NSE, opening at Sh10 per share under ticker QMRT

November 12, 2026
John Mbadi, Kenya's treasury secretary, during an interview in Nairobi, Kenya, on Wednesday, Aug. 20, 2025. Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Mbadi said. Photographer: Kang-Chun Cheng/Bloomberg via Getty Images

CBK bond swap attracts low investor interest

November 12, 2026

Can Merging Pension Schemes Strengthen Kenya’s Retirement Benefits Industry

November 12, 2026

US investors increase interest in kenya

November 11, 2026

Investing in USD Money Market Funds: A smart choice for stability and liquidity

November 10, 2026

African Stablecoin Adoption Gains Momentum

November 10, 2026

Employers face final hours to file October PAYE returns

November 9, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024