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Showing posts from May 9, 2021

Things You Need To Know Before Buying Property on Auction

  Looking at Newspapers today, you will not miss finding one or two properties, including land, which are up for sale through auction. Buying such property on auction will enable you to get it at a good price, that cannot be accessed when you go through normal procedures, including having to deal with brokers or middlemen. However cheap auction property might be, there is always a question of whether you will get a good deal or not, and this is why you need to know some of these basic things before opting to go for an auction, to bid for a property/land. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 It is always good to focus on factors that impact the validity of the auction sale which includes; Is the auctioneer licensed? An auction can only be legal if the auctioneer is a qualified individual who holds a valid auctioneering license, usually issued by the Auctioneers Licensing Board. The auctioneer must also be authorized to sell the item...

Where to Buy Land: Uasin Gishu Developing Plans For 6 Fast-Growing Trading Centers

  The County Government of Uasin Gishu Uasin Gishu is finalizing the development of physical plans for several fast-growing trading centers within the county.   Together with expert input from the National Land Commission and The State Department of Physical Planning, the county through the Department of Lands, Housing, Physical Planning, and Urban development have been able to come up with Physical Plans for several centers among them Kipsigak, Garage, Tuiyo, Kaplolo, Ngeria and Kipsangui. Chief Officer for Physical Planning and Urban Development Kenneth Mbeka while chairing a presentation session for the plans noted that the process included the Urban Development identification of the main planning issues in the centers, providing its spatial framework to act as a basis for developing standards and regulations.   "A key factor in the process of coming up with these Physical Plans was the incorporation of environmental concerns for sustainable development and provisi...

Cost of Credit to Businesses, Households Set to Drop – Here’s why

  By Business Daily The Treasury has scrapped the 20 percent excise duty on bank loan fees, setting the stage for possible drop in the cost of credit to businesses and households. The removal of the excise tax is contained in the Finance Bill and will see banks save up to Sh7 billion annually on taxes generated from fees charged on processing loans. Bankers say the cut will ease pressure on lenders to raise loan costs given the fees that attract the excise duty account for an average of 2.5 percent of the overall lending rates. “The first schedule to the Excise Tax Act, 2015 is amended in part three, in the definition of ‘other fees’ by deleting the word ‘fees or commissions’ earned in respect of a loan,” the Treasury says in the Bill. The 20 percent excise tax was introduced in 2018, triggering an increase in the cost of bank services, including loans, transfers — both local and international — over-the-counter withdrawals as well as ATM transactions and account operating fe...