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NEWS & CURRENT AFFAIRS

Digital News

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Francis Ayieko

Things look up again for office market after pandemic hit

When Covid struck, most firms operated a hybrid working model but this has changed since the reopening of the economy.

By Francis Ayieko 2 years ago

Things look up again for office market after pandemic hit

To future CJ: Please bring back the glory of courts

To future CJ: Please bring back the glory of courts

By Francis Ayieko 3 years ago

Tax education should not be left to the taxman alone

Tax education should not be left to the taxman alone

By Francis Ayieko 3 years ago

Building by app: ‘Mjengo’ goes digital

Building by app: ‘Mjengo’ goes digital

By Francis Ayieko 5 years ago

Brokers hindering services, says survey

Brokers have taken over many land offices around the country

By Francis Ayieko 5 years ago

Brokers hindering services, says survey

House prices dash hopes of thousands of purchasers

A rapid rise in house prices is shattering the hopes of millions of potential home buyers looking to take advantage of interest rate caps

By Francis Ayieko 6 years ago

House prices dash hopes of thousands of purchasers

‘Nairobi is Africa’s next first class city’

I don’t think I truly grasped how sophisticated the Kenyan market was on my first visit until I travelled across the rest of Africa.

By Francis Ayieko 7 years ago

‘Nairobi is Africa’s next first class city’

Affordable housing possible

I recently attended a World Bank-sponsored workshop in Nairobi on how county governments can partner with the private sector to deliver affordable housing.

By Francis Ayieko 8 years ago

Affordable housing possible

Cement firm to deliver premix concrete to construction sites

Local cement manufacturers have begun exploring alternative market opportunities to guarantee their survival in an increasingly competitive market.

By Francis Ayieko 8 years ago

Cement firm to deliver premix concrete to construction sites

Mortgage lesson from France

Something interesting is taking place in France, which local lenders should take note of. Over the last one year, the number of people, including foreigners, investing in French property has increased rapidly, thanks to falling mortgage rates.

By Francis Ayieko 8 years ago

Mortgage lesson from France

CBK’s interest rates move good; let’s now see action

The Central Bank of Kenya on Monday maintained its benchmark interest rate at 11.5 per cent, saying current monetary policy measures have helped tame inflation. It said inflation eased to 6.8 per cent in February, from 7.8 per cent in January.

By Francis Ayieko 8 years ago

CBK’s interest rates move good; let’s now see action

Call for healthy open spaces

Kenyans will forever be grateful to Prof Wangari Maathai for her campaign against land grabbing by well-connected individuals that saved places like Uhuru Park and Karura Forest.

By Francis Ayieko 8 years ago

Call for healthy open spaces

Design for long-awaited Likoni bridge to be ready next year

According to Infrastructure Principal Secretary John Mosonik a team of experts arrived in the country on Monday to survey and work on the design.

By Francis Ayieko 8 years ago

Design for long-awaited Likoni bridge to be ready next year

Let’s help Kenyans abroad invest

Sometime last week, someone asked me what the big news in the real estate industry is. Upon reflection, I replied: “I can’t think of any at the moment.”

By Francis Ayieko 8 years ago

Let’s help Kenyans abroad invest

Paperless transactions, finally!

Finally, the Lands ministry is beginning to show its commitment to land reforms in the country. The ministry ended manual land transactions at the Nairobi registry on Monday this week by making it mandatory for rate payments, searches and queries to be done online.

By Francis Ayieko 8 years ago

Paperless transactions, finally!

Politics and real estate in Kenya

For the last few years, I have heard the refrain "you can't go wrong with real estate" more times than I can count. This expression comes up almost always whenever people talk about investment ideas.

By Francis Ayieko 8 years ago

Politics and real estate in Kenya

Will the good news in Kenya's construction sector last?

According to data released by the Kenya National Bureau of Statistics (KNBS) last week, the sector grew by 14.1 per cent in the third quarter of 2015 compared to 8.8 per cent over a similar period in 2015.

By Francis Ayieko 8 years ago

Will the good news in Kenya's construction sector last?

The height of impunity

Seven residential buildings on Kombo Road – off Kamiti Road – in Nairobi were last month marked for demolition by the National Construction Authority (NCA) and the Nairobi City County (NCC).

By Francis Ayieko 9 years ago

The height of impunity

Kenyan renters lack privacy – report

Kenyan renters are living in crowded houses, forcing them to lose their privacy.

By Francis Ayieko 9 years ago

Kenyan renters lack privacy – report

Survey: Many prefer building own homes to buying

A majority of Kenyans aspiring to own a home say it will take them more than two years to realise their dream.

By Francis Ayieko 9 years ago

Survey: Many prefer building own homes to buying

Whatâ€™s holding Reits back?

The Capital Markets Authority (CMA) recently announced timelines for processing applications for issuing securities and allowing new players.

By Francis Ayieko 9 years ago

Whatâ€™s holding Reits back?

Time to translate good intentions into reality

The year 2015 has started on a sad note for the real estate sector, but that does not mean it will end that way. The collapse of a residential building in Nairobi’s Huruma estate, barely three weeks after another building collapsed in the city’s Kaloleni estate, has put an early blemish on the New Year.

By Francis Ayieko 9 years ago

Time to translate good intentions into reality

House down and business goes on

A day after a five-storey building collapsed in Nairobi's Kaloleni area, killing seven people, county officials visited the scene and marked some buildings in the neighbourhood for demolition.

By Francis Ayieko 9 years ago

House down and business goes on

Report: Signs good for land reforms in Kenya

The Lands ministry and the National Land Commission have been challenged to seize the political goodwill they are beginning to enjoy to move the land sector agenda forward.

By Francis Ayieko 9 years ago

Report: Signs good for land reforms in Kenya

Which way aspiring home owners?

If you asked a Kenyan adult whether he or she would prefer to buy a house or rent one, the answer would be obvious: buying a home is by far better than renting.

By Francis Ayieko 10 years ago

Which way aspiring home owners?

More Housing Finance mortgage borrowers default

The number of people unable to service their mortgage loans with Housing Finance, the country’s leading mortgage lender, increased in the third quarter of this year.

By Francis Ayieko 10 years ago

More Housing Finance mortgage borrowers default

600 take mortgages every quarter

The just-released Hass Consult Property Index brought good news to developers and renters, but a distressing message to home buyers.

By Francis Ayieko 10 years ago

600 take mortgages every quarter

Ngilu- National Land Commission wars hit lenders

Developers and lending institutions have lost large sums of money because of the fight between the Lands ministry and the National Land Commission (NLC), says a new survey.

By Francis Ayieko 10 years ago

Ngilu- National Land Commission wars hit lenders

Be smart with mortgage payments

Something interesting is happening in the American housing market that Kenyan lenders, mortgage borrowers and other stakeholders in the real estate sector should pay attention to.

By Francis Ayieko 10 years ago

Be smart with mortgage payments

Owning a home versus renting

In a world where everyone longs to own a home, it can be quite shocking to come across a headline like, “Homeowners: A New Class of Fools”, or a statement like, “Homeownership is for Suckers”.

By Francis Ayieko 10 years ago

Owning a home versus renting

Is it celebration time for borrowers?

Exciting times ahead. That is the message from two reports — The Hass Index Report and The Mortgage Report — launched last week in Nairobi.

By Francis Ayieko 10 years ago

Is it celebration time for borrowers?

Attracting diaspora investors

The growth of Kenya’s real estate market has brought with it great business opportunities with attractive monetary gains.

By Francis Ayieko 10 years ago

Attracting diaspora investors

New levy should be a give and take

For the two years it has been around, the National Construction Authority (NCA) has enjoyed a lot of goodwill from players in the building and construction industry as well as other players in the sector.

By Francis Ayieko 10 years ago

New levy should be a give and take

CBK proposal to rein in price hikes

Is the era of overpriced properties about to end in Kenya? A recommendation by the Central Bank of Kenya could see that happen.

By FRANCIS AYIEKO 10 years ago

CBK proposal to rein in price hikes

Kenya a high risk for insurers

A bout four years ago, when the level of insecurity was still not as bad as it is today, a homeowner in one of Nairobi’s upmarket neighbourhoods shared with me how costly it was for the residents of his neighbourhood to ensure they were secure.

By FRANCIS AYIEKO 10 years ago

Kenya a high risk for insurers

Why Ngilu’s actions are puzzling

There is something curious about the suspension of services at the Lands ministry that started on Monday this week.

By Francis Ayieko 10 years ago

Why Ngilu’s actions are puzzling

How to house growing population and a planning vacuum

In its latest report, The Mortgage Company showed how desperately government intervention is needed to make mortgage a viable way of owning a home by Kenyans.

By FRANCIS AYIEKO 10 years ago

How to house growing population and a planning vacuum

What you need to know before going for a mortgage

The recently released State of Development Report revealed some interesting trends in the property market in Nairobi.

By Francis Ayieko 10 years ago

What you need to know before going for a mortgage

What was the value of Shakombo’s house?

Losing your home to a financier is probably one of the most painful things that can ever happen to you as a property owner.

By Francis Ayieko 10 years ago

What was the value of Shakombo’s house?

State subsidies needed in real estate

When the Hass Property Index report for the fourth quarter of last year came out last month, the findings weren’t unexpected.

By By FRANCIS AYIEKO 10 years ago

State subsidies needed in real estate

Developer faults mortgage report over rates given

Erdemann Property has faulted the recently released mortgage report that gave the average home loan interest at 16.96 per cent in third quarter of this year, thus keeping housing financing beyond reach of the majority.

By FRANCIS AYIEKO 11 years ago

Developer faults mortgage report over rates given

Property pricing trend worrying

An interview with Protus Nyamweya, CEO Proam Homes.

By FRANCIS AYIEKO 11 years ago

Property pricing trend worrying

Mutua’s inspiring dream and the nagging questions

Machakos Governor Alfred Mutua is a man with fire in his belly. In just about eight months since his election, Dr Mutua has put the semi-arid county on the path to becoming a world-class metropolis.

By FRANCIS AYIEKO 11 years ago

Mutua’s inspiring dream and the nagging questions

Home loans should be made cheaper, easier

The main highlight of The Mortgage Company’s third quarter mortgage report was a call for increased accessibility and eligibility for home loans.

By FRANCIS AYIEKO 11 years ago

Home loans should be made cheaper, easier

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