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KRA amnesty for landlords to declare rental income expires; tenants to withhold 10 percent per month to be remitted as tax

The deadline following an amnesty by the Kenya Revenue Authority (KRA) for landlords to declare rental income and pay taxes expires Thursday. The amnesty was extended as KRA sought to… Read more »

Police to get a swanky sh500m station in Nairobi kilimani Police Station

Police will have the first modern station that accommodates several facilities, including a referral medical unit, a family protection section and a resource centre by June 2018. The construction of… Read more »

Inside the booming Kenya Muslim fashion industry

With high-end embellished hijab and abaya collections, H&M, Dolce and Gabbana, Zara and Uniqlo caused a stir in the luxury fashion world when they launched clothing lines targeting the Muslim… Read more »

Coffee farm gives way to Sh10bn estate in Nyeri

Twin Mount Estate, a project by Mhasibu Investment Ltd, will cost nearly Sh10 billion and sit on 304 acres of land in Gamerock, on the outskirts of Nyeri Town. The… Read more »

Nyeri Governor Nderitu Gachagua to Pocket Sh1 Billion for 1.2 acre land on Nairobi Southern Bypass

Nyeri Governor Nderitu Gachagua is set to pocket nearly Sh1 billion as compensation for his land that the government is acquiring for the construction of Nairobi’s Southern Bypass. The National… Read more »

Nakuru Town rolls out 24-hour business with new hub

Falcon Centre, which is open for 24 hours, provides services to travellers using the Nairobi-Kisumu highway. Nakuru Town is taking the lead in rolling out a 24-hour economy with a… Read more »

Urithi launches Sh400m Juja project

Urithi Housing Cooperative Society Limited has launched a Sh400 million housing project in Juja, Kiambu County. Launching the housing development dubbed Gem Juja, Urithi chairman, Samuel Maina, said it will… Read more »

American entrepreneur shares lessons learned from running a business in Kenya

American entrepreneur Audrey Cheng came to Kenya in 2014 to work for Savannah Fund, a seed-capital investor that focuses on early-stage technology startups in sub-Saharan Africa. While interacting with Kenyan startups, Cheng… Read more »

My big break: starting a construction business with my friends in Kenya

Entrepreneur Virji Kerai on how a shared vision led to the creation of one of Kenya’s leading construction companies Company snapshot Name: Sentrim Contracts Founders: Harij Hirani, Ravish Varsani and Virij Kerai… Read more »

To reduce crowding, Kisii County will build a new capital

If you visit Kisii Town today after a long absence, you will be forgiven for thinking you are lost. The town has grown rapidly  in the last decade, outstripping its… Read more »

Houses in Wealthy Nairobi suburbs empty as expatriates leave City

Landlords have recorded a marginal drop in rental income collection from wealthy suburbs in Nairobi as expatriates flee the country after work dried up. Occupancy levels for high-end rental apartments… Read more »

[VIDEO] What makesThe Hub, a mall in Karen a playground paradise

Many city parents spend a great deal of time at one particular playground on a residential street, if they are lucky. But for many, family-fun days have been relegated to… Read more »

Kenya Developers spruce up malls, scrap goodwill charges to woo tenants

Staring at empty mall spaces, developers are now getting creative in a bid to continue earning profit as realtors eat into each other’s clientele. Floor space is not selling as… Read more »

State partners China firm in 20,000 new housing project

A Chinese firm has partnered with the government to fund housing development in order to bridge the current shortfall of over 200,000 units. Transport CS James Macharia who is currently… Read more »

HF Foundation developing occupational standards for technicians

HOUSING FINANCE has steered the building and construction industry in developing a new set of building and construction occupational standards. Unveiled at the end of last month, the occupational standards… Read more »