Government Erred in Disposing Leased Land Despite Renewal Application-Supreme Court
The Supreme Court has ruled in favour of an aggrieved land owner whose land was reallocated and then sold off after the expiry of the lease period, despite making an [...]
Afreximbank Launches First African Trade Center in Nigeria
Multilateral Bank African Export-Import Bank (Afreximbank) has commissioned its first Afreximbank African Trade Centre (AATC) in Abuja, Nigeria, as it sets its ambitions on similar projects across and outside the continent. “The [...]
How Land Registration Delays Forced Textile Firm to Pay More Taxes
The Tax Tribunal has dealt a blow to Fine Spinners Limited, a textile firm, after it affirmed a decision by the Kenya Revenue Authority (KRA) requiring the payment of an [...]KRA Introduces Rental Income Tax Compliance System
Kenya Revenue Authority (KRA) has launched the Electronic Rental Tax Information System (eRITS), as it aims to transform rental income tax compliance. “With this system, we aim to not only [...]KCB Bank, Mi Vida Homes Team Up to Build Affordable Homes
KCB Bank and real estate developer Mi Vida Homes have entered a strategic partnership to accelerate the development of affordable homes in Kenya. By leveraging our financial expertise and Mi [...]
Court Halts 16-Storey Lavington Housing Project for Two Months Amid Opposition
The Court of Appeal has directed that construction work on a controversial 16-storey housing project in Nairobi’s Lavington estate be paused for 60 days, even as it dismissed an application [...]Diaspora Opportunities in Real Estate as Trust Deficit Narrows
60% of Kenyan wealth is stored in real estate, with the value estimated at KSh 773 billion of which 10% is in the commercial real estate segment. The sector has [...]How Blockchain Technology is Revolutionizing Real Estate Investment
Blockchain is reshaping the real estate market by opening up new ways to buy, sell, and trade property. For many years, real estate investment has been associated with high capital [...]Land Ownership Documents for Affordable Housing Projects Missing-Audit
The sale of units built through the government’s affordable housing project could be derailed due to lack of land ownership documents, the Auditor-General’s report reveals. “In the circumstances, it could [...]IWG to Introduce HQ Co-Working Space at Purple Tower
Nairobi, Kenya – Monday, March 3, 2025 – International Workplace Group (IWG), the world’sleading provider of flexible workspace solutions, has officially partnered with Karsan Ramji to introduce its HQ co-working [...]
Prisons Department Splashed Ksh 3Mn Annually on Commissioner's House Rent
The State Department of Correctional Services is on the spot for the irregular leasing of a residential house to the immediate former Commissioner General of Prisons. “However, the Commissioner General’s [...]Diaspora Shifts Investment from Land to Cash Flow Generating Real Estate
While buying land ‘back home’ has always been a top priority for many Africans in the diaspora, trends are beginning to shift away from idle land toward cash-flow generating assets [...]
