The Tax Appeals Tribunal has ruled that the Kenya Revenue Authority should not demand taxes from service charge collections by building and estate managers from a case involving Nextgen Mall Management Company. According to the Business Daily, the court found that the company only handled funds as a conduit for unit owners. The money covered basic upkeep services such as grass cutting, security, bin...
The Real Estate sector has over time become a key attraction for investors for Kenya and globally. Kenyans living in the diaspora have often fallen victim to scammers who take advantage of their extended absence. This has left many of them counting losses running into millions of shillings, some in the hands of relatives. Mr. Penial Mugo, a Kenyan living in the USA for over a decade has a different...