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Market news

Published stories attached to the Market news category.

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Page 22 of 48

News

Harare man charged over US$45,000 residential stand fraud

A 28-year-old Harare man has appeared in court accused of selling a 3,200 square metre residential stand using a forged City of Harare offer letter and a fake survey diagram, leaving the buyer US$45,000 out of pocket.

News

Morocco's listed developers lift first-half revenue 8.5% on housing subsidies

Addoha, Alliances and Residences Dar Saada raised combined first-half revenue by nearly 8.5% to more than 3 billion dirhams, driven by state housing subsidies and resettlement programmes, even as the sector's stock index fell.

News

SBM Bank Kenya and Fusion Estates sign deal for up to 90% mortgage financing

SBM Bank Kenya has partnered with developer Fusion Estates to offer homebuyers mortgage financing of up to 90 per cent of property value, aiming to cut the upfront deposit for buyers in Kenya and the diaspora.

News

Republic Bank Ghana targets 40-42% mortgage market share by end of 2026

Republic Bank (Ghana) PLC is aiming to lift its share of Ghana's mortgage market to between 40 and 42 per cent by the end of 2026, up from more than 38 per cent now.

News

Nairobi MCAs question revenue-sharing formula for affordable housing projects

Nairobi County Assembly's urban planning committee has challenged the formula used to split affordable housing project returns between the county and developers, saying the county was offered too small a share of schemes built on its own land.

News

Uganda turns to developers and banks to close 2.48 million-unit housing gap

Uganda's government is courting property developers, banks and investors to help close a housing deficit of about 2.48 million units, ahead of the second Uganda Real Estate and Housing Expo on September 25-26.

News

Civil society group backs Lagos Assembly ruling on Ojaekomo land allocation

The Centre for Public Accountability and Social Well-being has endorsed the Lagos State House of Assembly's resolution allocating a disputed parcel of land to the Ojaekomo and Ojomu families, saying the former 60-hectare title remains revoked.

Article

Zimbabwe property boom reshapes Harare skyline as investment commitments hit $2bn

Zimbabwe's capital is undergoing its biggest construction wave in decades, with the investment agency recording $2 billion in real estate commitments in the first quarter as high-end projects reshape Harare's skyline.

News

Nine Huruma mosque officials charged in Nairobi land dispute with SUPKEM

Nine committee members of Huruma Jamia Mosque denied forcible detainer charges over a parcel of land linked to the Supreme Council of Kenya Muslims and were released on bail.