Should you invest in a parking lot?

Harambee Avenue car parking in Nairobi (PHOTO DAVID GICHURU STANDARD)

NAIROBI, KENYA: Searching for parking spaces in the Central Business District of Nairobi can be a tiresome activity for any motorist. So much that many people choose to take matatus to the CBD and leave their vehicles at home or on the outskirts of the city centre.

Sometimes it is not the high cost (Sh300 per day per vehicle) of parking spaces; but lack of them and safety of the parked cars.