@StandardMedia

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

13 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

13 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

Category: business news

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8 hours ago, 16:42
@BusinessDaily - By: Muthoki Mumo
Somen brothers link up in tech startup

David Somen has joined his brother Jonathan Somen’s cloud services startup, Eldama Technologies ...

Category: business news corporate
8 hours ago, 17:20
@DailyNation - By: Paul Redfern
Experts warn of Africa’s new debt crisis

Concern is growing that 2018 could be the year that sub-Saharan Africa sees a new debt crisis, nearly 20 years since the last one was said to have been resolved. ...

Category: topnews news business
1 hours ago, 23:42
@StandardMedia - By: Lee Mwiti
Processor cuts raw milk and retail prices on over-supply

Farmers are the biggest losers in the wake of a tumble in shelf prices following increased production in the last... ...

Category: business news
1 hours ago, 23:42
@StandardMedia - By: Dalton Nyabundi
Kenya Breweries to contract 30,000 sorghum farmers

Kenya Breweries Ltd (KBL) will begin operations at its new Sh15 billion Kisumu plant on July 1. ...

Category: business news
1 hours ago, 23:42
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