Chinese firm targets rural Kenya with new solar kits

Shenzhen Power Solution Industries Co, a Chinese maker of solar lighting products, hopes to penetrate and control a significant share of the African market. The firm has been participating in trade fairs in Kenya and other African countries over the…
Britam Holdings is making bold bets on Kenya’s real estate

The local financial markets are increasingly churning and this is getting scary for everyone. From the man in the streets to the sophisticated fund manager, the Nairobi Securities Exchange (NSE) is particularly one investment class that has posted depressing returns…
EDITORIAL: Shortage of artisans is holding back real estate growth

Over the past few years, players in the Kenyan construction industry have decried the shortage of skilled artisans in the industry. This is especially so, considering that the country’s top universities are churning out more architects and engineers than the…
Nairobi developer launches Sh12bn estate in Ridgeways

Investments and real estate firm Cytonn has begun construction of The Ridge, a comfy apartment project coming up on a 10-acre parcel of land in Ridgeways, Nairobi. Strategically located 300 metres from the junction of Kiambu Road and the Northern…
World Bank now tips Kenya on ways to solve housing crisis

Kenya must build two million low cost city homes to bridge its housing demand-supply gap and stem the fast expansion of slums, the World Bank has advised the State. According to the Bretton Woods Institution, investments in housing will not…
Happy times for tenants as Nairobi rents begin to plummet

These are happy times for renters, but for landlords especially those struggling to payback their construction loans, these are really tough times. Office rents in some of Nairobi’s most established business locations have dropped 20 per cent in two years…