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.
Swahilli houses surround section of the Waitiki land at Likoni, South Coast in Mombasa County. (Photo: Maarufu Mohamed)
As 2015 comes to a close, MKALA MWAGHESHA looks back at some of the major events that shaped the real estate sector in the year, and their implications Capital Gains Tax
The government re-introduced the Capital Gains Tax, levied at five per cent, on January 1. Most players had opposed the tax, saying it would lead to an increase in property prices.
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