Sharp Daily
No Result
View All Result
Tuesday, September 16, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Matatu association issues 21-day ultimatum over tolling stations

Faith Chandianya by Faith Chandianya
February 7, 2024
in News
Reading Time: 2 mins read

The Motorists Association of Kenya has issued a 21-day ultimatum to the government, demanding the rescission of its decision to introduce tolling stations on additional roads within Kenya.

Led by chairperson Peter Murima, the association expressed concern that the government’s decision lacked provision for those unable to pay toll fees, effectively limiting access to crucial road infrastructure.

Contrary to the association’s stance, Transport CS Kipchumba Murkomen clarified that toll stations would be constructed exclusively on new roads, not on existing highways. It remained uncertain whether the association was aware of the CS’s clarification.

Nonetheless, Murima emphasized the potential inconvenience and destabilization tolling more roads could bring to the transport sector, arguing that it would lead to excessive taxation for infrastructure.

RELATEDPOSTS

No Content Available

The association highlighted concerns over potential congestion on feeder roads if motorists opted to avoid toll routes. Murima stressed the importance of offering alternatives to toll roads to ensure freedom of mobility for motorists.

In response, Murkomen was urged to reconsider the tolling plan to avert potential protests by operator. Murkomen reiterated the government’s intention to construct toll stations solely on new highways, emphasizing the opportunity for local investment through pension funds, financial institutions, and the stock exchange during an interview with one media outlet on January 2.

Murkomen emphasized the potential revenue from tolls as a means to supplement government budgets and enhance infrastructure investment. Earlier announcements on January 26 hinted at toll station plans for various roads, including Museum Hill-Moyale, Sirare-Lowdar, Mombasa to Malaba, Kiambu, Athi River-Namanga, and Galleria-Rongai-Ngong-Karen Shopping Centre, aimed at generating funds for road repairs

Previous Post

Police officer arrested for robbery with violence in Kisii county

Next Post

Role of technology in transforming affordable housing in Africa

Faith Chandianya

Faith Chandianya

Related Posts

News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025
News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025

LATEST STORIES

Real Estate project financing models shaping successful developments

September 12, 2025

Alternative investments: Opportunities and risks

September 12, 2025

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025

Unlocking Home Ownership Through Retirement Savings in Kenya

September 12, 2025

The role of FDIs in driving sustainable development

September 11, 2025

How increased oversight can clean up the insurance sector without stifling innovation

September 11, 2025

Why retail investors hold the key to Kenya’s capital market growth

September 11, 2025

Kenya’s new banking policies: A turning point for the financial sector

September 11, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024