Property owners in Nairobi set to pay higher rates

An aerial view of Nairobi City Hall. FILE PHOTO | NMG

Landowners in Nairobi are set to start paying higher rates as City Hall revealed a new higher valuation charge based on current property value.

The new land rates will be based on 0.13 percent of the current land value, setting the stage for costly levies for property owners in the capital.

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Note: The results are not exact but very close to the actual.