(NAIROBI, KENYA) – Kenya is seeking to turn its housing deficit and growing infrastructure needs into an industrial opportunity, with about 15 foreign companies expressing interest in setting up manufacturing or distribution operations in the country to serve East and Central African markets. The Kenya National Chamber of Commerce andContinue Reading
(NAKURU, KENYA) – A land verification and validation exercise has begun in four sub-counties in Nakuru to confirm land ownership and speed up the issuance of title deeds. The exercise runs from 19th October to 29th October 2026 as part of the tenure regularisation process. It is being overseen byContinue Reading
(NAIROBI, KENYA) – The Central Bank of Kenya (CBK) faces a potential loss of KES 466.5 million ($3.6 million) on investment properties after an audit valued the assets below their acquisition and construction costs. The Auditor-General’s office found that buildings constructed at a cost of KES 2.25 billion ($17.4 million)Continue Reading
(LAMU, KENYA) – More than 130 residents of Kenya’s coastal Lamu County have filed a lawsuit accusing the government of forcibly displacing them from ancestral land to make way for major infrastructure projects, including a proposed $16 billion (KES 2.07 trillion / GBP 12.3 billion) oil refinery backed by NigerianContinue Reading
(DIANI, KENYA) – Kenya’s rapidly expanding satellite towns are coming under growing pressure to upgrade infrastructure and planning, as developers increase housing supply without a corresponding expansion of roads, drainage, water and other essential services. Built environment professionals are calling for a shift in how new housing and infrastructure projectsContinue Reading
(NAIROBI, KENYA) – Kenya’s tourism levy collections fell KES 1.004 billion ($7.75 million / GBP 5.79 million) short of target in the year to June after regulations to bring Airbnb rentals, homestays and villas into the tax system failed to take effect. The Tourism Fund collected KES 5.646 billion ($43.58Continue Reading
(NAIROBI, KENYA) – The owners of Nairobi’s 14 Riverside complex want Kenya’s High Court to rule on whether a section of the Banking Act is unconstitutional for allowing interest on court-awarded debts to exceed the principal amount, exposing borrowers to disproportionate claims. Cape Holdings Limited and its directors are challengingContinue Reading
(NAIROBI, KENYA) – Kenya’s KES 7.28 billion ($56.4 million / GBP 44.5 million) diplomatic property programme is facing persistent delays and cost overruns, with several missions abroad struggling to complete renovations, the Controller of Budget has said. According to the National Government Budget Implementation Review Report for FY2025-26, implementation ofContinue Reading
(NAIROBI, KENYA) – Standard Chartered Bank Kenya has moved to take control of rental income from four properties linked to collapsed retailer Nakumatt Holdings as it steps up efforts to recover more than KES 1.9 billion ($14.8 million / £11.5 million) in unpaid loans. The bank has notified Nakumatt InvestmentsContinue Reading
(NAIROBI, KENYA) – A legal fight over control of a multi-billion shilling industrial park on Nairobi’s Eastern Bypass has intensified between Bank of Baroda Kenya and Infinity Industrial Park. The dispute began with a KES1.976 billion ($15.2 million / £12.1 million) loan issued to Infinity in 2019. It has sinceContinue Reading
