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 President William Ruto’s government is using less than a third of the money it collects under the affordable housing taxes to build houses. Apparently, in the financial year ended June 2024, the government collected Sh. 54.16 billion under the controversial housing tax. However, out of these funds, only Sh. 16.65 billion was used on the
Only Sh. 16bn used on houses out of Sh. 54bn affordable housing taxes first appeared on Bizna Kenya Read More

 A majority of Kenyan companies that have been reported for money laundering are in the real estate sector. According to a report by the Business Registration Service (BRS) 64.57 per cent of the more than 10,000 registered private companies that were reported for money laundering in the year 2022 were all in the construction and
Majority of Kenyan companies flagged for wash wash are in real estate sector first appeared on Bizna Kenya Read More