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Kenya
Sunday, March 29, 2020

REAL ESTATE

Why investing in land in Kenya is still a sure financial bet

Investing in Land in Kenya: Over the recent past, the property segment in the real estate sector has been getting hit, with houses on auction dominating auction pages in the newspapers. But regardless of this turn of misfortune, real...

World’s richest man Jeff Bezos buys Sh. 16.5 billion Beverly Hills estate

Jeff Bezos Warner Estate: Reuters: Amazon chief executive Jeff Bezos, the world’s wealthiest person, has purchased a Beverly Hills mansion known as the Warner Estate from media mogul David Geffen for $165 million (Sh. 16.5 billion), a source familiar...

Will building rental houses be a good investment for you?

Rental Houses: How do you know this is good for you? I'll address the major advantages and disadvantages to enable you to weigh your options. The advantages to owning a rental property are relatively few, but they’re powerful. To put...

China Wu-Yi demands Sh. 136 million Suraya houses over unpaid debt

Chinese contractor China Wu-Yi is seeking to possess 10 houses in phase one of the Fourways Junction. The houses are owned by SUraya Property Group and Muga Developers. China Wu-Yi says that it struck a deal with the two developers...

Costs of roofing materials in Kenya that’ll make your house outstanding

Costs of roofing materials in Kenya: Roofing materials and attic products can determine the final look of your new house. Here are the cost of roofing materials in Kenya Roof windows By installing windows on the roof, you can turn the...

NextGen Mall set to be auctioned

NextGen Mall: A section of the popular NextGen mall is set to be auctioned. The section that is set for auctioning is located on the first floor of the building. It will be sold in order to recover a...

Kings Prism Tower: The modern office space nobody wants to rent

Kings Prism Tower: In August 2018, the iconic Kings Prism Tower in the Upper Hill area of Nairobi was opened for tenants. The 34-storey building’s opening was witnessed by President Uhuru Kenyatta. The building that is located along Ngong Avenue...

Why investing in a home is an ideal retirement plan

Retirement Plans in Kenya: While most organisations have provided for retirement benefits schemes that pay substantial amounts when leaving service or retirement, management of these amounts in retirement as well as the social and psychological preparedness for retirement may...

Cost breakdown: Building a three bedroom house with Sh. 2.4 million

Cost of Building a Bungalow in Kenya: A real estate developer has issued the cost estimates of building a three bedroom house. In an interview with the Daily Nation, real estate developer Peter Gitau gave the following breakdown excluding...

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....
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Latest News

TSC recruits 8,920 more permanent and pensionable teachers

TSC permanent and pensionable: The Teachers Service Commission has recruited some 8, 920 teachers on permanent and pensionable terms....
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Warren Buffett has cash to buy Tesla or Starbucks after coronavirus sell-off

Warren Buffett Berkshire Hathaway: Business Insider: Warren Buffett's Berkshire Hathaway can afford to buy almost any of America's public companies after coronavirus fears decimated...

Covid-19: Posta, Jumia partner to make deliveries across the country

Covid-19 in Kenya: Postal Corporation of Kenya has partnered with Jumia to offer a discount on delivery fee for customers. All customers will only...

Revealed: The billions of money and businesses owned by Moi family

Moi Family Wealth: The late Daniel arap Moi, who ruled Kenya for 24 years, and his family rank among the richest Kenyans with an...

Man who conned Kenyans hundreds of millions of money finally arrested

Peter Wangai Goldenscape: Detectives have finally arrested Peter Wangai, the man who conned unsuspecting Kenyans seeking to get rich quickly hundreds of millions of...