Billions lost as Nairobi regeneration downs buildings

Billions lost as Nairobi regeneration downs buildings

The demolition exercise being spearheaded by the National Environmental Management Authority (Nema) continued unabated Wednesday morning with the Ksh 1 billion South End Mall on the junction of Lang’ata/Mbagathi Road being the latest to go down.

The building, which is built on riparian land has been the subject of controversy for many years, and was being fingered as the cause of flooding in the area but the owner, former Bobasi MP Stephen Manoti, secured court orders to stop its demolition.

However, Nema has finally cracked the whip as it undertakes the Nairobi regeneration programme ordered by President Uhuru Kenyatta.

The programme is aimed at removing solid waste from rivers and reclamation of riparian land for the over 25 river basins that form the Nairobi Rivers Ecosystem Project.

The project seeks to rehabilitate Nairobi River and its network of tributaries by identifying and sustainably addressing sources of river pollution, reclaiming riparian land and initiating landscape management activities which include tree planting.

Continue Reading…

Source | Business Today

img

Marketing

Related posts

Dubai Investors to Set Up Sh8 Billion Mini City in Juja

Dubai-based investors have struck a deal for the setting up of a Sh8 billion mini city at Mang’u...

Continue reading
by Marketing

How to best mix your investment options

As an investor, the greatest concern is growing your investment to deliver higher risk-adjusted...

Continue reading
by Marketing

7 things to check before buying a house

1. Do the houses actually belong to the developer? Some developers collect money from...

Continue reading
by Marketing