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Kenya

Published stories attached to Kenya.

165 items

Page 15 of 19

Article

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.

News

Express Kenya Launches Rights Issue Amid Deepening Losses

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.

News

Sasini Loss Deepens as Sh7.9bn Gulmarg Deal Collapses

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.

News

TRIFIC Launches Kenya’s First USD Green REIT on NSE

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.

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Floods Expose Structural Weakness Across Real Estate Markets

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.

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Acorn to Offload Sh4.4bn Student Hostels in Debt-Driven Reit Move

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.

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HF Group Profit Surges on Heavy Government Lending Income

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.

Article

Property Investors Push Kenya to Reinstate REIT Stamp Duty Relief

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.

Article

Kenyan Court Orders KeNHA to Pay Sh20m Over Wrong Demolition Markings

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.