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Fiscal instruments are tools that governments use to manage revenue and expenditure and therefore influence the growth (or stability) of the various sectors of the economy. Government revenue is derived primarily through taxation.
The acquisition of land by foreigners in developing countries has emerged as a key mechanism for foreign direct investment (FDI).
Land plays a vital and central role in the economic, social-cultural and political lives of both individuals and communities.
Land acquisitions, either driven by foreign investments or domestic investment needs have continued to polarize opinions.
The Land Act, 2012
The Land Registration Act, 2012
The National Land Commission Act, 2012
The Environment & Land Court Act, 2011
The Urban Areas & Cities Act, 2011
Globalisation and urbanisation trends in developing countries present both opportunities for growth and development on one hand while contributing to the complex myriad challenges of managing urbanisation on the other hand. Cities and urban areas play a critical in the development of a country.
Cities and Urban Areas play a crucial role as engines of development as well as centers of connectivity, creativity, innovation, and as service hubs for the surrounding areas. Kenya has experienced unprecedented urban growth. At independence the urban population was about 8%.
Article 67(2) (e) of the Constitution of Kenya mandates the Commission to initiate investigation on its own initiative or on a complaint into historical land injustices and recommend appropriate redress.
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