Securing a home is a significant milestone for individuals and families, representing stability, security, and a sense of accomplishment. In Kenya, where the demand for affordable housing is high, ...

The government has unveiled new regulations that are set to greatly determine beneficiaries eyeing units in the country’s affordable housing program. Under these proposed rules, individuals seeking to ...

The Draft Regulations further provide that, in the event, a cash buyer wishes to sell their affordable housing once the prescribed eight years lapse, they will have to grant the A ...

What are Housing Finance Companies? A Housing Finance Company (HFC) is a Non-Banking Finance Company (NBFC) whose financial assets, in the business of providing housing finance, constitute at least 60 ...

Kenya Commercial Bank (KCB) is set to auction properties within Greatwall Gardens development in Athi River, affecting about 100 residents. This move came as part of the bank’s efforts to recover a ...

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In February this year, the National Treasury released a report revealing that the Kenya Kwanza government borrowed Ksh233 billion within 5 months, from September last year to January this year. The ...

Kenya Commercial Bank (KCB) achieved victory as the Court of Appeal rejected temporary orders to halt the auction of 100 apartments at Great Wall ... has more than three years of financial, business, ...

Commercial banks have taken initiatives to address the rising rate of defaults including loan write-offs and restructures. The 10 Kenyan listed banks set aside an extra Sh46.6 billion in the year ...

Recall that in the early 1990s, there was a popular slogan, “Housing for all by 2020.” Thirty-four years down the line, successive administrations have failed to provide housing for the masses.

NAIROBI, Kenya ... Finance and National Planning is considering enacting regulations to guide the operations of the Buy-Now-Pay-Later (BNPL) credit providers after the plight of boda boda operators at ...

Kenya’s government has sent a team to probe a helicopter crash that claimed the life of military chief Gen Francis Ogolla and nine others. Source: Africanews ...