Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App
×
The Standard Group PLC The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: corporate@standardmedia.co.ke

Here's the easiest way to make money from doing nothing

Nairobi City Council staff collects parking fees along Muindi Mbingu Street in Nairobi. [Beverlyne Musili, Standard]

Nairobi County wants to start collect parking fees from the residential estates. A visit to most towns is punctuated by someone demanding parking fees. Some towns have automated the process. Why is parking fee so attractive?  Why is it one of those most noticeable sources of income for county governments? 

It’s an easy source of revenue, the costs are almost zero. Unlike a hotel where you cook food, in parking you do nothing. You just collect money. We could argue that the emphasis on parking shows a lack of creativity by county governments. Why not attract investors to give you billions in taxes and jobs? Which town has attracted a major factory lately?

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902