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Wednesday, January 29, 2020

REAL ESTATE

How Kenya’s real estate has turned into the auctioneers’ paradise

Property Auction in Kenya: It is no longer a secret. Kenya's real estate sector is soup. Developers are facing imminent collapse and the auctioneers' hammer for failing to pay back the loans they took to set up their property....

11 steps you MUST follow when buying land in Kenya

Buying land in Kenya: BY FELISTA WANGARI: Felista Wangari is a personal finance coach and the administrator of the 52 Week Savings Challenge  personal finance group. When you're ready to acquire a piece of Land, there are some pre-requisites which...

How to build your house in Kenya cheaply (Updated)

Cost of Building a House in Kenya: Like many Kenyans, Ms. Caroline Waithera’s ultimate dream was owning a home. After buying a piece of land in Ruai, Nairobi County, last year, she discovered that the Sh3 million she had...

4 things most investors overlook when buying commercial plots

Investing in Commercial Plots: BY MERCY WAMBUI: Making an investment decision calls for a lot of consideration.  This is mainly because most investments are capital intensive. Take buying land for example. Buying plots is termed as the most preferred...

HF quits home construction business in wake of losses

HF Properties: HF Group is set to quit the homes construction business in a move that will lower its exposure in the real estate market. The mortgage financier will leave the construction business once it completes its on going...

Top Nairobi estates where Kenya’s wealthiest people live

Top Nairobi Estates:Which are the best estates where some of Kenya's wealthiest men and women live? Find out in this feature: BY PETER MUIRURI / THE STANDARD; Muthaiga The estate is home to Muthaiga Golf Club established in 1912. Muthaiga got...

Diamond Property Merchants prime land to be auctioned

A prime land belonging to Diamond Property Merchants is set to be auctioned. This follows the default on a loan from the Consolidate Bank by the real estate company. The company is owned by Tigania East MP Josphat Gichunge. On...

Christina Shusho: How dream to own palatial house left me in heavy debts

Christina Shusho: Between 2016 and 2018, popular gospel singer Christina Shusho was laden with heavy debts. She had gone into debts while trying to build a house with a swimming pool in Tanzania. "It was my dream to have a...

Woman who rejected Uhuru’s house gift, continued living in mud hut

Uhuru's House Gift: A woman from Bahati Constituency in Nakuru County shocked many when she rejected a house gift from President Uhuru Kenyatta. The single mother termed the gift as a big joke and substandard. According to a news feature...

Most affordable and safest estates (and places) to live in Nairobi

Most affordable and safest estates: With the higher costs of living which is currently prevalence in Kenya, you probably want to live a comfortable life at a minimum cost. Below are some of the most affordable estates to live in...
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Mwezi uko kwa kona? How you can get some quick cash easily

Quick Cash Loans Kenya: Is there any other month that seems to take forever to end than January? Most...
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Loss-making KQ to send employees home

KQ Employees: Loss making national carrier Kenya Airways is set to fire employees in what has been termed as a restructuring move. According to an...

Nairobi landlord slashes rent by Sh. 5,000 as tough economy bites

Rent in Nairobi: In yet another indication of how bad things have gotten, a Nairobi landlord has reduced monthly rent for the year 2020...

Indian descent billionaires who run the business world in Kenya

Indian descent billionaires: The number of Kenyan billionaires continues to grow substantially as economic growth in the country outstrips that of other countries in...

I left good money on the table during a job negotiation

Nelly Movine is the Regional Chief Finance Officer at Jumia, a Pan-African e-commerce firm listed on the New York Stock Exchange. Greatest milestone: My greatest milestone in...