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Nakasero traders seek Shs300b compensation

Daily Monitor Tuesday April 06 2021 Traders in Nakasero are pushing demands for a government-compensation to a tune of about 300b. PHOTO/COURTESY Advertisement Nakasero traders are demanding Shs300 billion if the government is to repossess both the land and the facility.  Their demand has been triggered by Cabinet’s resolution to have all public markets in Kampala repossessed by government to mitigate management wrangles. The traders through their lawyer, Mr Paul Kenneth Kakande, argue that traders they have a 49-year lease on the land and that the abrupt takeover will cause losses to the traders.  The vendors acquired the lease from Kampala Capital City Authority (KCCA) at Shs2b and were required to pay ground rent of Shs90m, annually.

EACOP: Total is committed to meeting best international standards

April 6, 2021 Written by ANITA KAYONGO Following the article entitled “Total must do better in Tilenga, EACOP project” published March 31, 2021, Total would like to provide additional information and in particular to express its commitment to ensuring that these projects are conducted in an exemplary manner especially in relation to social and environmental matters. These issues are at the heart of the work of the project teams. Development of the petroleum resources of Lake Albert comprises several distinct projects including the development of the Tilenga discovery (operated by Total) and the construction of the East African Crude Oil Pipeline (EACOP) to export oil produced to the Tanga port in Tanzania.

Lands ministry publishes a list of 247 accredited private valuers

THE STANDARD By Fredrick Obura | January 25th 2021 at 11:03:37 GMT +0300 Land and Physical Planning CS Farida Karoney (PHOTO: FILE) NAIROBI, KENYA: The government has moved to boost efficiency in land valuation to cope with increased transaction more at the county level. Ministry of Land on Friday published the names of private valuers to carry out a valuation for stamp duty in an approach necessitated by the need to reduce the turnaround time for the return of valuation figures. The ministry also hopes to boost government revenue and improve ease of doing business due to the wide reach of private valuers. Previously the valuation to determine the value of land in Kenya for purposes of calculating Stamp Duty payable has been a preserve of the Chief Government Valuer.

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