News

Investor speculation lifts key stocks to 12-month peak

30/10/2012 08:00
Key stocks extended gains yesterday with four counters touching new all-year highs driven mainly by speculation over third-quarter and full-year results for listed firms. Sentiments continued to fuel the bull run. British American Tobacco, Scangroup, KCB and Standard Chartered on...

High mortgage prices lock out 90pc of buyers

25/10/2012 11:00
The cost of mortgage loans is out of reach for the majority of middle-class Kenyans and compares poorly with peer countries in Africa, a new report by the Centre for Affordable Housing Finance in Africa (CAHF) has showed. The Africa Housing Finance Yearbook 2012 by CAHF, a...

Drop in interest rates lifts demand for top-end homes

18/10/2012 17:30
  Kenya's house prices rose by 7.1 per cent in the third quarter of 2012 compared to the same period last year, a real estate firm said on Wednesday.   Home prices rose by 5.1 per cent in the third quarter as fresh demand for housing started creeping in following a drop...

Getting a mortgage: What you need

15/10/2012 14:00
After enriching your landlords for years, it becomes necessary for one to start thinking of owning their home. But this decision may prove challenging with no firsthand information on how to acquire a property. For instance, is it wise to buy a piece of land and seek financing for...

Offshore News

12/10/2012 08:00
For more, see https://www.international-adviser.com/

Nairobi priciest home: Major Gen Ali's mansion

08/10/2012 08:00
The front view of former Commissioner of the Kenya Police Major General Mohammed Hussein Ali’s newly constructed home in Karen.   One of the priciest homes on sale in Nairobi risks being pulled off the market after potential buyers quoted prices that were far below the asking...

Offshore Investing

07/09/2012 12:00
Offshore investing is often demonized in the media, which paints a picture of investors stashing their money with some illegal company located on an obscure Caribbean island where the tax rate is next to nothing. While it's true that there will always be instances of shady offshore deals, the...

Kenya Set to Make Biggest Rate Cut, Driving Yields Down

04/09/2012 13:29
Kenya’s central bank is set to make its biggest interest-rate cut on record to protect growth in East Africa’s largest economy, driving bond yields to all-time lows. The Central Bank of Kenya, led by Governor Njuguna Ndung’u, will probably reduce its benchmark lending rate by 2.5 percentage...

High interests slow down real estate boom

06/07/2012 07:45
High cost of borrowing is hurting the real estate sector as developers and home buyers struggle to adjust to the demanding financing requirements. In its Q1 2012 report, the Kenya National Bureau of Statistics noted that the construction industry grew by 3.2 per cent compared to 7.0 per cent a...

Kenya Stocks Lure Templeton to World’s Third-Best Rally

28/06/2012 14:00
Kenyan stocks, the worst performers in sub-Saharan Africa last year, are this year’s third-best worldwide as the central bank reins in inflation and spurs a rally in the currency. The Nairobi Stock Exchange All-Share Index (NSEASI) has surged 24 percent this year, the most after Venezuelan...
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