The Real Estate sector has over time become a key attraction for investors for Kenya and globally. Kenyans living in the diaspora have often fallen victim to scammers who take advantage of their extended absence. This has left many of them counting losses running into millions of shillings, some in the hands of relatives. Mr. Penial Mugo, a Kenyan living in the USA for over a decade has a different...
The government has rolled out a plan to construct a total of 1,500 housing units in Pangani and another 1,600 to be built in Jevanjee. Six leading local banks, Absa, Equity, KCB, NCBA, Housing Finance, and Stanbic, have also confirmed their commitment to giving Sh335 billion for homeownership mortgages, all this under the Affordable Housing Programme (AHP). The banks will finance potential homeowners...