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3 Key Potential Development Areas for Eldoret Town Identified

  Uasin Gishu County Executive Committee Member in charge of Finance and Economic Planning CPA Julius Ruto has expressed his undeterred interest in the making of the Eldoret Urban Economic Plan. CPA Ruto has also termed the success of the plan as a dream come true to guide the growth of Eldoret town’s economy through identification of value chain opportunities, creating climate-resilient infrastructure and social inclusion.   "As we prepare for city status, this is a program that will guide us to identify challenges in economic growth and the drivers that have enhanced our growth as a town. This is timely and we appreciate every input from the leadership and all our stakeholders.   Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 Let's bring out all our potential growth areas to make our city livable, and a hub for trade, manufacturing and Agri-processing center," the CECM said while officiating the opening of the Sustainable Urban Economi...

Are Mineral and Vitamin Supplements The Answer To Dairy Farming In Kenya?

  For many years, dairy farming has provided food, income, alternative energy sources such as biogas, social prestige, and status in local communities. It is estimated that dairy farming composes of at least a third of the total value of agricultural outputs and this share has been increasing over time. In Kenya, dairy farming produces over 3.5 billion liters of milk a year. Kenyans are amongst the highest milk consumers in the developing world, consuming an estimated 145 liters per person per year, more than five times milk consumption in other East African countries.  According to the National Dairy Development Policy, by 2030, Kenya is projected to become a net dairy exporter. The dairy sector in Kenya is important to the economy as it contributes to 12% of the agricultural gross domestic product. Kenya has about 700,000 smallholder farmers, owning on average 0.4-1.6 hectares of land, and 1-3 cows, and producing about 80% of the national output. However, despite the fav...

How To Pay Land Rates In Uasin Gishu

  Do you own land in Uasin Gishu County or any part of Kenya? Well, if you do, then you must know that you need to pay land rates for that land that you own. Paying land rates is one of the rules and regulations of land ownership in Kenya that you must adhere to. Land rates are basically taxes imposed on land by the government. The amount usually varies depending on the value and size of land that you own. The rate is paid to the county government where the land in question is located. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937  It is worth noting, however, that not all landowners are obligated to pay land rates in Kenya. To be on the safe side, if you own land, you need to check this with the department of land in your respective county government. A few weeks ago, Uasin Gishu Governor Jackson Mandago announced a 100% waiver on interest and penalties imposed on land rates. To benefit from the waiver, as a landowner, you need to clear y...

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...

Cost of plots in Eldoret estates

Eldoret is today ranked among the fastest growing towns in Kenya and also the fifth most populated urban center. The town which is seeking an elevation into a city is rightfully among those with high demand in the land - for commercial purposes like plots for rental houses or business buildings. Eldoret has many estates, some old, and many others that are coming up due to rising demand in housing units. If you're looking to buy a plot in this City of champions, here is a summary of the price range for some of the popular estates; Elgon View This is an estate exclusively reserved for individuals looking for land to set up a home. The smallest piece of land you can buy is half an acre which costs Ksh15 million. Kimumu Located along the Eldoret-Iten road, about a 15-minute drive from the Eldoret CBD, Kimumu is an estate good for commercial houses. A 1/8 acre piece of land costs between Ksh1 million to 2.5 million. Roadblock This is another estate that is good for setting up rental hou...