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IMF forecasts Kenya savings to hit 16.1pc of national output

Kenya’s national savings will rise to 16.1 per cent of GDP by the end of this year, surpassing the average for middle-income countries in Africa after years of lagging behind,… Read more »

It is time to get innovative

On the face of it, the recent rates cap legislation is good news for borrowers because reduced interest rates will result in lower repayment instalments for loans. The good news… Read more »

SA clothing retailer Foschini to open three more outlets after Junction Mall entry

South Africa’s clothing retailer Foschini Group has set its eyes on opening of three more outlets after marking its entry into the country with a branch at Nairobi’s Junction Mall…. Read more »

Young, bold and ‘disloyal’: Meet the millennials generation that has forced marketers back to the drawing board

The audacious new generation that is driving world brands When asked what they would do if given some free Sh20,000 to spend within 24 hours, the responses from two young… Read more »

Cashing in on interlocking blocks technology in Kenya

Nassim Kassim and Joseph Ngotho picked the Interlocking Blocks system from Dubai    What is Interlocking Block technology all about? The technology, which we borrowed from Dubai, involves specialised blocks developed on site… Read more »

What’s behind the allure of Upper Hill

The scramble for space in Upper Hill is likely to continue as Nairobi becomes increasingly attractive to foreign investors. This has increased demand for office space and social amenities. The… Read more »

At home in a luxury container

Well-designed shoebox living spaces are a growing trend globally. In Kenya, developers and architects are turning containers into small luxury residences, which can be repurposed into magical pool houses, offices… Read more »

Penthouses for Nairobi’s affluent

For the love of rooftop privacy In today’s luxury real estate market, where more is better, developers and architects are busy designing penthouses. ‘Near the cloud’ is turning into a… Read more »

Home ownership now a lot easier for all Kenya civil servants

Civil servants, as well as non-government employees, will from next year be able to buy houses thanks to a four-party memorandum of understanding (MoU) signed between the government, the China-Africa… Read more »

Kenyan ambulance-hailing app makers raise $100k from US angel investors

Kenyan startup Capsule has raised US$100,000 to take Flare, a mobile app that allows patients or hospitals to request emergency help using their smartphone, to market. Disrupt Africa reported in… Read more »

Serviced apartments beat hotels in occupancy levels, says Cytonn Hospitality Report 2016

Serviced apartments are performing better than hotels in Nairobi, a new report has revealed. The hospitality sector report 2016 by Cytonn Investments indicates that serviced apartments have average occupancies of… Read more »

Global ratings agency Standard & Poor raises Kenya’s credit rating from negative to stable

Global ratings agency Standard & Poor’s (S&P) has upgraded Kenya’s credit outlook to stable from negative, citing sustained economic growth, reduced political tension and stabilising public debt. S&P’s move to… Read more »

President Uhuru to launch Sh12bn park for industrialists, SMEs in Ruai, Nairobi

President Uhuru Kenyatta will Friday launch the Sh12.5 billion Infinity Industrial Park that is looking to cash in on the growing demand for a conducive environment for local manufacturers. Abacus… Read more »

Kisumu’s property bubble positions lakeside town for more trade, better skyline

A property bubble has burst in Kisumu and is seen as the only way that the housing shortage in the lakeside town will end. Despite skyrocketing prices of land in… Read more »

Montave all out to be game changer in Upper Hill

Nairobi’s Upper Hill, which was once a leafy and serene residential area, has metamorphosed into a veritable commercial hub, hosting some of the most competitive businesses, not just in Kenya,… Read more »