@BusinessDaily

Real estate hits six-year low on poll jitters, credit crunch

16 days ago, 10:36

By: Constant Munda

The real estate sector grew at the slowest pace in six years in the three months to September last year, hurt by jitters over the prolonged electioneering period and a credit crunch. Fresh data from the Kenya National Bureau of Statistics (KNBS) indicate that the construction sector, a major driver of economic growth in recent years, expanded by 4.9 per cent in July-September compared with 7.8 per cent a year earlier. That was the slowest growth in the sector since 2011. The slowdown in the prop ...
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Category: business news corporate lifestyle markets economy opinion

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@BusinessDaily

Real estate hits six-year low on poll jitters, credit crunch

16 days ago, 10:36

By: Constant Munda
The real estate sector grew at the slowest pace in six years in the three months to September last year, hurt by jitters over the prolonged electioneering period and a credit crunch. Fresh data from the Kenya National Bureau of Statistics (KNBS) indicate that the construction sector, a major driver of economic growth in recent years, expanded by 4.9 per cent in July-September compared with 7.8 per cent a year earlier. That was the slowest growth in the sector since 2011. The slowdown in the prop ...
Read More

Category: business news corporate lifestyle markets economy opinion

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13 hours ago, 11:36
@BusinessDaily - By: Joseph Wangui
Lawyer challenges legality of crackdown on gaming machines

Matiang’i ordered county and regional commissioners to raid premises and confiscate unlicensed gambling machines ...

Category: business news corporate lifestyle economy opinion markets
1 hour ago
@StandardMedia - By: Frankline Sunday
Safaricom faces battle for M-Pesa customer billions

Interoperable wallet was one of the recommendations of a survey by industry regulator. ...

Category: topnews news business
9 hours ago, 15:45
@CapitalFMNews - By: Ken Macharia
Fraudsters steal Sh29Mn from National Bank of Kenya

NAIROBI, Kenya, Jan 19 – National Bank of Kenya has confirmed that fraudsters have gotten away with Sh29 million in what is suspected to be a hacking incid Kenya breaking news | Kenya news today | ...

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NBK has lost Sh29 million to fraud, becoming the latest lender to bleed money in less than two months. ...

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