Thu, 26-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Taita Taveta Moves to Collect Revenue in Towns Claimed by Kwale and Makueni

    Fred
    By Fred Obura
    - March 26, 2024
    - March 26, 2024
    Kenya Business news

    Makueni and Kwale Counties stand to lose revenue from Mtito Andei and Mackinon Road towns following an order directing traders and business owners from the two areas to remit their levies to county government of Taita Taveta.

    • •In a notice in a local newspaper, the Taita Taveta county ordered the traders not to remit levies to the two counties, or do so at their own risk. 
    • •The dispute now means that traders in both towns are stuck in-between, unsure of who to remit levies to or risk enforcement.
    • •It also exemplifies some of the post-devolution complications, where new boundaries did not address pre-existing disputes or changed pre-existing municipal boundaries, creating new disputes.

    “We make reference to ELC Petition No.33 of 2021 in the environment and land court at Mombasa and notify all members of the public, business owners and traders in Mackinnon and Mtito Andei towns that further to the court order issued on 23 March 2022, the court issued another order on 12 February 2024 to be the sole authority to issue business permits and to levy county taxes in Mtito Andei and Mackinnon Road towns,” reads a statement from County Secretary, Taita Taveta.

    Taita Taveta says any person who remits levies to or obtains business permit from Makueni or Kwale County shall not only be deemed to have violated the court order but will also be in possession of an invalid business permit and will be compelled to make another payment to the designated accounts.

    During the first six months of FY 2023/24 period, County governments generated a total of KSh 19.95 billion from their own source revenue (OSR), which was 24.9 per cent of the annual target of KSh 80.20 billion. The realised OSR is an improvement compared to KSh 13.11 billion generated in a similar period in FY 2022/23.

    According to the Office of Controller of Budget, during the first half of the year, Taita Taveta County received KSh 2.09 billion as the equitable share of the revenue raised nationally.

    • •It also received KSh 0.5 million as additional allocations/conditional grants, a cash balance of KSh 37, 185 from FY 2022/23 and raised KSh 177.07 million as own-source revenue (OSR).
    • •The raised OSR includes Kshs.85.54 million as Facility Improvement Fund (FIF) and KSh 91.53 million ordinary OSR.
    • •The total funds available for budget implementation during the period amounted to KShs 2.26 billion.

    Debt, Fund Release Delay Hit Implementation of 2023/4 Budget – Kenyan Wall Street

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa