Construction Boom Fails to Lift Kenyan Workers’ Wages Significantly
Kenya’s construction sector is expanding rapidly, but workers are not feeling the benefits. Wage growth is slowing even as building activity and investment surge across the country.
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Kenya’s construction sector is expanding rapidly, but workers are not feeling the benefits. Wage growth is slowing even as building activity and investment surge across the country.
Express Kenya is asking shareholders for fresh capital after more than a decade of losses. The move raises questions about dilution, survival, and whether investors still believe in its turnaround plan.
Sasini’s earnings took another hit as its half-year loss widened and a major Sh7.9 billion asset sale fell through. The failed Gulmarg deal removes a key liquidity boost investors had been pricing in.
A new dollar-denominated REIT is giving investors exposure to Nairobi’s premium commercial real estate from just $1,000. The listing signals a shift toward greener, institutional-grade property investment in Kenya.
Heavy rains are revealing hidden construction flaws across residential and commercial properties. The damage is forcing a rethink of how quickly urban developments are being built in flood-prone areas.
Acorn is reshaping its student housing empire through a major asset transfer worth billions. The deal highlights how rising financing pressures are pushing developers toward internal sales to stay liquid.
HF Group is leaning more on government securities than traditional mortgages to drive profits. The shift has delivered strong earnings but raises questions about long-term lending strategy.
Kenya’s property investors are demanding tax relief to revive interest in REITs. They argue that stamp duty is raising transaction costs and slowing growth in the listed real estate sector.
A government agency’s mistaken demolition markings on a Nairobi apartment block triggered panic, halted sales, and ended in a Sh20 million court payout. The case exposes how planning disputes can freeze real estate projects for years.