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Electricity prices drop marginally in February

Nairobi, Feb. 23 -- Domestic electricity bills fell 2.9 percent to Sh25.63 per kilowatt-hour in the second month of the year from Sh26.39 in January on reduced variable charges such as the fuel cost c... Read More


How construction workers are paid in Kenya

Nairobi, Feb. 21 -- Companies in the construction sector place a premium on experience compared to academic qualifications when setting salaries for their employees such as architects, engineers and q... Read More


Construction cost rises on reduced supply of materials

Nairobi, Feb. 20 -- The cost of construction rose last year, due to the high prices of input materials on the back of higher inflation and the global supply chain disruptions from the Russia-Ukraine w... Read More


The mall set to topple Two Rivers as Kenya's biggest

Nairobi, Feb. 17 -- There are two kinds of shoppers who frequent Eastleigh, Nairobi. One is the kind that cares about affordability and quality, and another that cares less if they are buying knockoff... Read More


The mall in Eastleigh set to topple Two Rivers as Kenya's biggest

Nairobi, Feb. 17 -- There are two kinds of shoppers who frequent Eastleigh, Nairobi. One is the kind that cares about affordability and quality, and another that cares less if they are buying knockoff... Read More


Nairobi plans new zoningpolicy as exclusivity wanes

Nairobi, Feb. 16 -- Nairobi is considering a new zoning policy, which will reclassify some estates as residential or mixed-use neighbourhoods at a time some suburbs are coming under pressure from a pr... Read More


Ruto pledges incentives for healthcare investors

Nairobi, Feb. 16 -- President William Ruto says his administration will seek to attract investors from the private sector to work with the government to actualise universal health coverage (UHC) and c... Read More


Shelter Afrique to fund buyers of Mi Vida affordable houses

Nairobi, Feb. 10 -- Pan-African housing development financier Shelter Afrique plans to fund buyers of affordable homes built by private equity firm Actis, with the partnership set to start in Kenya wi... Read More


Depots leasing cost up 5pc as uptake grows on Covid-19 ease

Nairobi, Feb. 10 -- The cost of leasing warehouses has risen five percent to Sh70 per square foot as the removal of the Covid-19 pandemic restrictions helped the industrial sector to grow. A Knight F... Read More


SA firm Eris building serviced apartments in Runda

Nairobi, Feb. 9 -- Commercial properties company the Momentum African Real Estate Fund and South Africa's Eris Property are developing a serviced apartment complex in the Runda neighbourhood dubbed So... Read More