Sharp Daily
No Result
View All Result
Wednesday, December 24, 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

Sakaja’s first budget brings host of tax hikes for Nairobi county

Judd Mutua by Judd Mutua
September 25, 2023
in News
Reading Time: 2 mins read

In an ambitious plan to raise KES 19.9 billion annually, the Nairobi County government has proposed a number of new taxes and tax increases in almost all areas of county operations.

The changes have been captured in the Nairobi City County Finance Bill 2023 which is now out for public participation.

If the bill is passed, betting shops will be required to pay KES 50,000 as the annual fee and KES 10,000 as renewal fees. They will also have to pay KES 100,000 in grant fees.

Read more: KRA sheds light on its training partnership with KDF for new field staff

RELATEDPOSTS

Ketraco’s Sh10bn pay halted: a power grid, public funds, and a deal that may never have existed.

December 23, 2025

Christmas in the dark? Kenya’s power grid faces a festive season shock

December 22, 2025

The bill also proposes new taxes for public health services, such as a KES 10,000 public health clearance charge for water bowsers and a similar charge for an effluent discharge permit. There are also new charges for medical waste management and inspection of institutions.

Fees for renting market stalls, food courts, shops and public places will also increase. Charges for a large stall will now be KES 16,250 compared to the previous rate of KES 12,500 .

Parking in Zone 1 areas such as the central business district, Kijabe Street, Upper Hill Community, Ngara, Highridge, Industrial Area, Gigiri, Kilimani, Yaya Centre, Milimani, Hurlingham, Lavington, Karen, Eastleigh, Muthaiga, Gikomba and Nairobi West will increase.

New parking rates for Zone 1 will be KES 300 for a saloon car, KES 500 for a van and KES 1,000 shillings and above for trucks.

Read more: Absa Bank launches Buy Now, Pay Later feature for credit cards

However, rates in Zone 2 areas such as South C, Madaraka, Mugoya Estate, Komarock, Huruma and Mathare will decrease. Parking for a saloon car will now cost KES 100 down from KES 200 and will cost KES 150 and KES 500 for vans and lorries respectively.

The new taxes were proposed as part of this year’s budget, the first created by the Sakaja-led administration. The county aims to raise KES 19.9 billion in revenue to help finance a KES 42.3 billion budget.

“This Finance Bill reflects the county government’s commitment to open governance, equitable taxation, and efficient resource utilization to create a better Nairobi for all residents,” said the Office of the County Chief Officer in a statement.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Kenyan car dealer busted smuggling cocaine in Sri Lanka

Next Post

PS Bitok: New digital IDs will curb fraud for businesses

Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

Related Posts

News

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025
News

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025
News

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025
News

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025
News

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025
Features

Family demands probe into death of former likuyani MP Dr. Enoch Kibunguchy

December 24, 2025

LATEST STORIES

The Economics of Sports, Events, and Entertainment as a New Growth Sector in Kenya

December 24, 2025

How Remittances Are Shaping Kenya’s Domestic Investment Landscape

December 24, 2025

Why Cold Storage and Logistics Are the Missing Link in Kenya’s Agribusiness Growth

December 24, 2025

How Domestic Tourism Is Emerging as a Resilient Investment Sector in Kenya

December 24, 2025

Is Mobile Money Making Kenyans Better Savers or Better Spenders?

December 24, 2025

Overview of the National Social Security Fund (NSSF) Act, 2013

December 24, 2025

Family demands probe into death of former likuyani MP Dr. Enoch Kibunguchy

December 24, 2025

Funding delays push Kenya’s largest hospital into drug and meal shortages

December 24, 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