cbd Archives - Daily Chronicles

Matatus To Stop Accesing Nairobi CBD Starting April

29Mar

By adminNo Comments

local news

Matatus To Stop Accesing Nairobi CBD Starting April

Matatus are set to be barred from operating in Nairobi’s Central Business District (CBD) starting April. The Nairobi Metropolitan Services (NMS) says that the Green Park, Desai and Park Road bus termini will start operations by the end of April. Matatus plying the Ngong, Lang'ata, and Argwings Kodhek roads will be the first to be affected, according to NMS transport and Public Works Director Engineer Michael Ochieng. Currently, the Green Park terminal is 98% complete and will accommodate between 300 and 350 vehicles at go, and up to 20,000 in a day. The terminal will serve Ngong, Karen, Rongai, Kikuyu, Dagoretti, Kawangware, Kibra, Highrise, Ngumo, Langata, Nairobi West, Makadara, Kaberia, Satellite and Kiserian-bound commuters. “The change we are making in terms o...

Motorists in Nairobi slapped With Increased Parking Fees in New City Hall Directive

28Feb

By Nasra HusseinNo Comments

Business

Motorists in Nairobi slapped With Increased Parking Fees in New City Hall Directive

Motorists in Nairobi county will have to pay more parking fees, This is according to the amended Nairobi City County Finance Bill 2021, which was recently approved in the city's county Assembly. Malls and big establishments offering parking fees will have to part with an average of Ksh500,000 and Ksh2 million on an annual basis to be remitted as a single business permit. Further, the buildings with a capacity of 50 vehicles will have to pay Ksh500,000 annually while the businesses can accommodate more than 100 vehicles will bear the burden of paying Ksh2 million. Nairobi County Assembly Budget and Appropriations Committee chairperson, Robert Mbatia, pointed out that they did not discourage businesses to offer private parking as much as public parking spaces are a mand...

TUSKYS SUPERMARKET,CBD BRANCH SET UP FOR AUCTION

15Feb

By adminNo Comments

local news

TUSKYS SUPERMARKET,CBD BRANCH SET UP FOR AUCTION

Tuskys Imara located at the junction of Tom Mboya Street and Accra Road is part of the five storey commercial property set to be hit by the auctioneers' hammer. targetted property is registered in the name of Tusker Mattresses Limited (Tuskys) comprising three floors of a shopping mall and will be auctioned on March 2 by Antique Auctions. The commercial property is reportedly being sold over a debt of Ksh650 million that the supermarket owes a local bank We are selling the building where Tuskys currently operates along Tom Mboya street in Nairobi in a public auction and the asking price is Ksh650 million," the agent stated which is likely to close its doors unless the new owner chooses to retain the retailer but as a tenant. Tuskys has only lost its merchandise to...

Court extends orders to increase of city parking fees.

21Apr

By Nasra HusseinNo Comments

Business

Court extends orders to increase of city parking fees.

The High Court has extended orders barring the Nairobi City County Government from increasing parking fees for private cars and public service vehicles from Sh200 to 400. Justice Anthony Mrima has ordered that NMS be enjoined in the case as an Interested Party. The judge ordered a mention date of May 3, 2021, to allow parties to file submissions and for further directions. In March the judge also extended orders. Through Lawyer Henry Kurauka, Cofek and the Matatu Owners Association argued that the increment of fees was unfair, unreasonable, exorbitant and lacked public participation in accordance with Article 10 of the Constitution. The new charges were to come into effect on December 4, 2020. City Hall issued a public notice dated December 2, last year increasing th...