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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.