Global hoteliers pour big money into Kenya hotel investments

Top global hotel chains seeking to tap into the Kenyan tourism sector are increasingly lining up huge investment for the country, according to a study by PricewaterhouseCoopers(PwC). The 2016-2020 PwC report says that plans are underway for the construction of…
Is dirty money fuelling Kenya’s real estate boom?

Over the past decade or so speculation has been rife that tonnes of illicit cash has been the force behind the rapid growth of the local real estate sector. There have been concerns that billions of shillings corruptly gained by…
A mortgage offer on your smartphone – in 45 minutes

Equity Bank customers will soon be able to apply for mortgages using their smartphones in less than 15 minutes, as the lender moves to digitise and streamline its asset finance process. Following the success of Equity’s mobile platform, Equitel, which…
Pan-African bank puts 19-floor Ecobank Towers up for sale

Ecobank has put its Nairobi headquarters up for sale as the Pan-African lender shifts focus to its core business. The bank has invited bids from potential buyers for the 19-floor Ecobank Towers, one of the most recognisable landmark buildings in…
Guidelines for successful pig farming in Kenya

Commercial pig farming offers great opportunities for entrepreneurs who are seeking to invest in lucrative business ventures. Pigs are highly adaptable and easy to farm since they consume a wide variety of foods. Considering the high cost of animal feeds,…
You only need Sh25,000 salary to own a home

Commercial Bank of Africa (CBA) has signed a deal with Bamburi Cement and “low cost” housing firm Koto to deliver budget homes to Kenya’s low income earners. According to the terms of the deal, Koto Housing will use Expanded Polystyrene…
Construction debt rises to Sh106bn as sector booms

The amount of loans and advances extended to the Kenyan building and construction sector rose to an all-time high last year underlining the rapid expansion of the local real estate industry. According to Economic Survey 2016, which was released by…