KRA gives hotel chain City Lodge tax break for Two Rivers property

The Kenya Revenue Authority (KRA) has given South African hospitality group City Lodge a tax break worth hundreds of millions of shillings to help the multinational recover the cost of building a hotel at Nairobi’s Two Rivers complex.

The City Lodge Hotel was completed in early 2018, qualifying the Bryanston-based firm for capital allowance of 150 percent of the value of the investment.