@StandardMedia

Cytonn: Average price- to-rent ratio in Kenya is lower compared to bubble periods in places like US

18 days ago, 23:12

By: Peter Muiruri

: Kenya’s real estate sector experienced a slowdown in 2017 owing to the extended electioneering period and continued cash crunch due to the interest rate cap. According to Cytonn’s Annual Market Review for 2017, lending to the private sector grew by 2.4 per cent as of October 2017. This was a sharp contrast to the cumulative annual growth rate of 14.4 witnessed during the last five years. The results of the decline were evident in the reduced value of building approvals in Nairobi that declined ...
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Category: business news

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@StandardMedia

Cytonn: Average price- to-rent ratio in Kenya is lower compared to bubble periods in places like US

18 days ago, 23:12

By: Peter Muiruri
: Kenya’s real estate sector experienced a slowdown in 2017 owing to the extended electioneering period and continued cash crunch due to the interest rate cap. According to Cytonn’s Annual Market Review for 2017, lending to the private sector grew by 2.4 per cent as of October 2017. This was a sharp contrast to the cumulative annual growth rate of 14.4 witnessed during the last five years. The results of the decline were evident in the reduced value of building approvals in Nairobi that declined ...
Read More

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11 hours ago, 11:20
@BusinessDaily - By: Fred Mukinda
Youth Fund reassures suppliers over mega bank plan

Chairman Ronald Osumba says merger will be seamless as it plans Sh1bn loans by end of year ...

Category: business news corporate lifestyle economy opinion markets
11 hours ago, 11:02
@BusinessDaily - By: Gitonga Marete
KMC moves to contain row with 'rebellious' workers

Seven employees questioned after engaging in a Whatsapp group chat through which they allegedly “championed rebellion.” ...

Category: business news corporate lifestyle economy opinion markets
7 hours ago, 15:08
@BusinessDaily - By: Geoffrey Irungu
Biwott-linked KenolKobil trades 25pc of its stock

KenolKobil had shares worth Sh5.4 billion traded last Friday in a session that raised chances that some major shareholders were exiting the company. ...

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@StandardMedia - By: Fredrick Obura
Redefining shopping: New ecommerce marketplace launches in Kenya

A new e-commerce site has been launched in Kenya promising established platforms a run for their money in 2018. ...

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@StandardMedia - By: Dominic Omondi
KNBS: 26 percent of employees earned less than Sh25,000 a month in 2016

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82 percent of wealth created last year went to rich people

A CEO in United States Of America Company takes slightly over one working day to earn what an ordinary worker makes in a year. ...

Category: business news
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