A plan to increase the availability of low-cost housing, combined with improving credit conditions, is expected to support gains in Kenya’s property market in the near to medium term.
A plan to increase the availability of low-cost housing, combined with improving credit conditions, is expected to support gains in Kenya’s property market in the near to medium term.
The manufacturing sector is a key beneficiary of both Kenya’s 2018 budget and a new policy identifying medium-term economic growth drivers.
A slowdown in agricultural activity, tighter credit conditions and political uncertainty have contributed to a mixed year for Kenya, with the country scaling down internal growth forecasts.
A steep rise in demand for life coverage – traditionally a smaller segment than non-life lines – has been driving growth in Kenya’s insurance sector over the course of 2017.
South African hospitality group City Lodge is set to open a new 172-room hotel in Nairobi next month. Located in the popular diplomatic quarter in the north of the city, and next door to the Two Rivers mall, one of the largest mixed-use developments in the country, the hotel aims to capture both holidaymakers and business tourists.
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