2019

DusitD2 Nairobi is re-opening today in style after January terror attack

DusitD2 Nairobi is re-opening today in an elaborate ceremony that marks a new beginning after the January 15 terror attack that left 21 people dead. Events lined up in a programme released by the establishment shows that a flag was set to arrive at the Jomo Kenyatta International Airport in the morning to be received by General Manager Michael Metaxas representatives from the Tourism ministry. It...

If you bought a house at Sunset Boulevard Estate Athi River you are about to be auctioned

More than 200 home buyers in Athi River’s Sunset Boulevard Estate are facing eviction from their houses, following a dispute between the developer and I&M Bank. Auctioneers Monday advertised for auction 204 houses whose value is estimated at about Sh2 billion, putting the home buyers at risk of losing their investment over a loan that they were not party to. The hammer is set to...

Parliament has slashed the budget for digitisation of land transactions

The Budget and Appropriations Committee (BAC) has slashed Sh200 million for the year starting July. The ministry had planned to condense the land procedures into three steps under the Public Land Information Management System (PLIMS) project to save time and costs involved in registering land. However, this has not happened after government opted to domicile all ICT related projects...

State house intruder, this knife wielding JKUAT student was shot while trying to sneak in

A Fifth Year student at Jomo Kenyatta University of Agriculture and Technology was on Monday shot while trying to sneak into State House, Nairobi. Brian Kibet Bera, 25, is a Bachelor of Science in Mechanical Engineering student. He got access to State House by climbing over “Gate Bravo “when he was spotted by security officers. Police claim the student drew out a knife when asked to...

Suraya investors can now breath easy, the firm has secured Sh1.6bn to complete projects

Suraya Property Group has secured Sh1.6 billion financing from four banks to complete mega housing projects, whose construction had fallen behind schedule due to the biting liquidity crisis that has hit the property sector as a result of interest rate capping. The cash injection hands the company the much-needed lifeline to complete the projects. DTB, Coop Bank, NBK and Equity...