The poor invest in airtime to grow income, says study Many of Kenya’s poor would rather go hungry and walk to work than be short of airtime, according to a study commissioned by the World Bank. The preference reflects the changes in spending…

CIC Insurance Group has today made a public announcement on its plan to acquire property for development purposes. The property is to be acquired by CIC General Insurance Limited and CIC Life Assurance Limited, both wholly owned subsidiaries of CIC Insurance Group in Isinya, Kajiado. Total acreage of these…

Kenya’s real estate has seen more action than a movie set. According to the HASS consult quarter three report, property prices jumped due to tumbling mortgage rates, among other reasons. Overall sales prices rose by 5.1% with apartment sales figures increasing by 3.6% and that of stand-alone houses…

There are 40,000 expensive housing units put up each year. Only 10,000 out of 200,000 Kenyans can afford them.