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 »

Radisson Blu to open its second Nairobi hotel in February

The Carlson Rezidor Hotel Group has set February 2017 as the opening date for its second outlet in Nairobi which has suffered multiple false starts blamed on building delays. Park… Read more »

Malaysia health firm opens Sh250m Parklands clinic

Kuala Lumpur-based healthcare services firm Columbia Asia will on Tuesday open a Sh250 million clinic and diagnostic centre in Parklands, Nairobi, targeting the rising number of patients seeking specialised treatment… Read more »

Juja, Ruiru, Limuru land prices in sharp rise on mega projects

Juja, Ruiru and Limuru have recorded the fastest growth in land prices among Nairobi satellite towns over the past one year as ongoing and proposed infrastructure developments attract land speculators… Read more »

HF Group set to put up Sh5bn apartments on Thika highway

HFDI to put up Sh5bn estate in Thika Road’s Clay City HF Group has embarked on a Sh5 billion project to put up 1,520 two and three-bedroom apartments along Thika… Read more »

Best Western adds Kenyan hotel to its East African portfolio and continues impressive expansion into East Africa

Best Western® Hotels & Resorts  adds another hotel to its East African portfolio. The newest addition is BW Premier Collection The Alba, located in Nairobi, Kenya. Centrally located, with easy access… Read more »

Adenah Bayoh: From Escaping Liberian Civil War to Building a $225M Real Estate Portfolio in the US

This Woman Entrepreneur Owns 2 IHOPs and Manages $225 Million in Real Estate At the young age of 27, Adenah Bayoh, a former West African refugee, was able to open… Read more »

Equity CEO tells Kenyan diaspora to wake up [VIDEO]

Equity Bank’s chief executive James Mwangi has warned Kenyans living in the United Kingdom to act quickly if they want to take advantage of Kenya’s growing economy. Speaking at a… Read more »

Unlocking the Kenya housing shortage

The Kenyan housing industry faces an annual shortfall of more than 200,000 units. Experts believe this shortage is likely to dog the real estate market for the foreseeable future due… Read more »

It’s a girl’s world in building and construction

Growing up, Anne Ikenye, now 24, wanted to become a doctor. An incident in high school however made her shelve this ambition. “A friend got seriously injured, and the sight… Read more »

In Africa, haircare becomes a multi-billion dollar industry

With all the skill of a master weaver at a loom, Esther Ogble stands under a parasol in the sprawling Wuse market in Nigeria’s capital and spins synthetic fibre into… Read more »

Nairobi’s Pewin Cabs ventures into highly rising taxi-hailing services to grow earnings

Taxi services firm Pewin Cabs has launched a hailing application – Dandia – as it bids for a share of the growing segment where stiff competition has led to a… Read more »