(NAIROBI, KENYA) – Workers, traders and employers in Kenya risk bank account freezes, asset seizures and PIN deactivation as the Kenya Revenue Authority prepares to launch a crackdown on housing levy defaulters. Changes to the law, which took effect on July 1, allow the tax authority to enforce collection ofContinue Reading
(NAIROBI, KENYA) – The family of former Foreign Affairs minister Munyua Waiyaki has been ordered to surrender four apartments in Nyari it unlawfully took from buyers before renting them out during a long dispute. Rosslyn House Ltd and Rosslyn House Management Ltd, which are co-owned by the former minister’s kin,Continue Reading
(Nairobi, Kenya) – Kenya’s efforts to close its housing deficit face major hurdles ranging from expensive and inadequate financing to tax uncertainty, with the private sector calling for stronger collaboration with government to unlock investment in affordable homes. According to International Housing Solutions, a Pan African housing provider, delivering affordableContinue Reading
(Nairobi, Kenya) – Kenya’s government has stopped parking workers’ housing levy deductions in short term Treasury bills, a move that signals faster execution of affordable housing projects and improved use of funds. Housing Principal Secretary Charles Hinga said the Affordable Housing Fund currently has no money invested in Treasury bills,Continue Reading
(ZANZIBAR, TANZANIA) – Zanzibar President Hussein Mwinyi has launched the Aman Residency housing project worth 17 million US dollars in Kizimkazi, South Unguja. The project value is equal to TZS 44.97 billion or £13.4 million. The project was launched on Thursday, 13 August 2026, as part of the Kizimkazi FestivalContinue Reading
(NAIROBI, KENYA) – Businesswoman Mary Wambui Mungai has failed in her attempt to remove the administrator appointed by Equity Bank to run her Glee Hotel Limited. The hotel owes the bank more than KES 7.75 billion, equal to about 47.8 million US dollars or 37.6 million British pounds. The HighContinue Reading
(NAIROBI, KENYA) – The Kenya Revenue Authority has been blocked from demanding taxes on service charge collections by building and estate managers. The ruling follows a four year dispute with Nextgen Mall Management Company. The Tax Appeals Tribunal ruled that Nextgen Mall Management Company only handled funds as a conduitContinue Reading
QUEBEC, CANADA) – Amid a housing crisis, C$37 million (about US$26.6 million / £19.6 million / €22.9 million) intended to help tenants under the Rent Supplement Programme (PSL) remains unspent in Quebec government coffers. Community groups and private landlords criticise poor management of the funds even as the programme wasContinue Reading
(NAIROBI, KENYA) – A pension fund covering more than 5,000 former telecommunications workers in Kenya is preparing to sell its four largest property assets to government ministries by September 2026, a move that could deliver improved monthly payouts to its ageing membership. The TelPosta Pension Scheme is in advanced negotiationsContinue Reading
( KYIV, Ukraine ) – Ukraine’s energy regulator has approved a package of amendments that introduce flexible connections to the electricity grid and set new rules for energy storage systems, marking a significant shift in how power capacity is managed in the country. The changes were adopted by the NationalContinue Reading
