Sharp Daily
No Result
View All Result
Wednesday, December 17, 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

Special funds vs money market funds Kenya: The complete 2026 investment comparison

December 15, 2025

Investing in 2026: because “nitaanza kesho” has expired.

December 10, 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

Analysis

African Development Bank, KCB Bank Seal $150M Green Finance Deal

December 16, 2025
News

Minimalism and its impact on the economy

December 16, 2025
News

The growing risk of online fraud in Kenya

December 16, 2025
News

Kenya’s tourism boom

December 16, 2025
News

Choosing the right bank account for your needs

December 16, 2025
News

Youth joblessness a threat to economic growth

December 16, 2025

LATEST STORIES

African Development Bank, KCB Bank Seal $150M Green Finance Deal

December 16, 2025

Minimalism and its impact on the economy

December 16, 2025

The growing risk of online fraud in Kenya

December 16, 2025

Kenya’s tourism boom

December 16, 2025

Choosing the right bank account for your needs

December 16, 2025

Youth joblessness a threat to economic growth

December 16, 2025

Court rejects bid to reinstate KQ staff fired in free ticket scandal

December 16, 2025

Kenya shilling hits 16-month high against dollar as Central Bank builds reserves

December 16, 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