Sharp Daily
No Result
View All Result
Monday, November 3, 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 Counties

Nairobi county revenue surges in first half of fiscal year

Brenda Murungi by Brenda Murungi
January 22, 2024
in Counties, News
Reading Time: 2 mins read

Nairobi County has witnessed a noteworthy surge in internal revenue amounting to KES 951.2 million during the first half of the 2023–2024 financial year, as reported by the county’s finance department.

Under the leadership of Governor Johnson Sakaja, the administration successfully generated KES 3.56 billion from July to December 2023, marking a substantial increase from the previous Financial Year 2022-2023 figure of KES 2.61 billion.

Over the past six months, all internal revenue streams experienced growth, except for markets, which saw a decline in the assessed period. Parking fees led in collections with KES 872.69 million, followed by land rates at KES 655.8 million, single business permits at KES 426.88 million, building permits at KES 541.35 million, and billboards and advertisements contributing KES 244.74 million.

Collections from house rent amounted to KES 233.13 million, fire inspection certificates at KES 38.32 million, food handler certificates at KES 51.99 million, markets at KES 100.35 million, and other income totaling KES 431.11 million.

RELATEDPOSTS

How Kenyan banks can modernize without marginalizing

June 4, 2025

Gikomba traders count losses after fire razes stalls

April 2, 2025

Governor Sakaja attributed the revenue increase to the complete digitization of all revenue streams and the implementation of a strict cashless policy at City Hall. During a media interview, he urged residents to report any county staff soliciting cash payments and provided a hotline (020 2224281) for reporting such instances.

For revenue payers, the governor advised visiting the NairobiPay e-service portal (www.nairobiservices.go.ke), City Hall Annexe customer service center offices, or any sub-county finance offices for further clarification. Payments made through USSD Number *647# were directed to Cooperative Bank or Equity Bank under specific accounts.

Sakaja highlighted the ongoing transition to the Nairobi City County Revenue Administration Authority, emphasizing its role in revenue collection.

The Revenue Administration Act, enacted in 2019 and approved in 2021, will be enforced by the authority, and the introduction of the Unified Business Permit is expected to boost revenue projections.

The authority is set to commence full operations this year, with a dedicated board and a chief executive officer overseeing revenue collection.

On January 1, 2024, City Hall activated the electronic Unified Business Permit regime, streamlining various licenses into one accessible through the NairobiPay Revenue service online portal.

The UBP eliminates the issuance of multiple licenses and incorporates security features to prevent counterfeit permits. This initiative is part of Governor Sakaja’s commitment to ease-of-doing business reforms.

Previous Post

Kenyans given 90 days to register in Social Health Insurance Fund

Next Post

Kenya settles KES 72 billion SGR loan amid default concerns

Brenda Murungi

Brenda Murungi

Related Posts

Business

Tanzania travel advisory November 2025: what it means for Kenya tourism this christmas season.

November 3, 2025
News

Cytonn Wallet: Simplifying Access to Smart Investments

November 3, 2025
Rescue teams in Elgeyo Marakwet after Kenya landslide
News

Kenya landslide tragedy: death toll rises as rescue operations continue in Elgeyo Marakwet

November 3, 2025
Analysis

M-Shwari crisis Kenya: timeline, problems & what savers need to know.

November 2, 2025
Analysis

Artificial intelligence in marketing: when AI becomes the brand

October 31, 2025
Economy

CBK reopens treasury Bonds

October 31, 2025

LATEST STORIES

How fintech is powering Kenya’s cashless future

November 3, 2025

Tanzania travel advisory November 2025: what it means for Kenya tourism this christmas season.

November 3, 2025

Cytonn Wallet: Simplifying Access to Smart Investments

November 3, 2025
Rescue teams in Elgeyo Marakwet after Kenya landslide

Kenya landslide tragedy: death toll rises as rescue operations continue in Elgeyo Marakwet

November 3, 2025

M-Shwari crisis Kenya: timeline, problems & what savers need to know.

November 2, 2025

Artificial intelligence in marketing: when AI becomes the brand

October 31, 2025

CBK reopens treasury Bonds

October 31, 2025
Police recruitment Kenya

Court halts police recruitment in Kenya over constitutional breach

October 31, 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