Plan for office lease cost review in austerity drive

The cost of rentals for building leased by the State rose to Sh5.9 billion in the year to June, 2018. FILE PHOTO | NMG

The Government will negotiate afresh the cost of leasing offices to cut rent under austerity measures that will hurt landlords benefiting from inflated fees.

Treasury Secretary Henry Rotich said from next month the Government will pay a standard rent for homes and buildings.

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