Today, an eight-acre plot in Nairobi costs between Ksh 650,000 and Ksh 1.5 million. The jogoo road has since been tarmacked . Better still, the area is accessible from thika rd, Nairobi, and eastern by-pass. These factors are the reasons behind the appreciation of land prices in umoja.
Companies and individuals will start paying new taxes at the start of a financial year every July 1 if lawmakers adopt a proposed law that seeks an earlier approval of the Finance Bill to cure delays in collection of duty that has in the past hurt revenue collection targets.
Safaricom will this year launch Kenya’s first fifth-generation (5G) mobile internet services targeting major urban centres, making it the inaugural operator to offer commercial and superfast services in the region.
Acting CEO Michael Joseph said the firm had completed testing and trials for the upgraded network as the company seeks to capitalise on burgeoning mobile Internet use in the country.
Safaricom - Kenya’s largest telecoms company - saw web data revenue grow fourfold over the five years to Sh38 billion, surpassing sales growth from voice business.
