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In June 2023, Kenya’s parliament passed a finance law with a new housing tax of 1.5% on gross income, to be used to build affordable housing. The law is being challenged in court. Critics argue ...
The Financial Inclusion Fund. The Hustler Fund, administratively also known as The Financial Inclusion Fund, is a loan project led by the Kenyan government which provides instant loans to Kenyan citizens upon request. The program was launched by President William Ruto in late 2022 with the intention of providing at least $420 million in loans.
Shelter Afrique (SAf), also known as Company for Habitat and Housing in Africa, is a pan-African finance institution created to exclusively support the development of the African real estate and housing sector. Through its strategic partnerships, it offers products and related services which support the efficient delivery of commercial real ...
Convened by the United Nations Human Settlements Programme (UN-Habitat), the forum is a unique non-legislative platform and one of the most inclusive international gatherings on urban issues. The first WUF was held in Nairobi, Kenya in 2002 and has been held around the world ever since. It is organized biennially in different locations around ...
Kenya's President William Ruto has signed into law a controversial bill, paving the way for the government to continue collecting a housing levy of 1.5% of a worker's monthly pay.
Shauri Moyo is one of Nairobi's oldest neighbourhoods, dating back to 1936. During conception Shauri Moyo was considered part of Pumwani. This was when 175 new housing units were built in Pumwani estate and were offered to Africans who used to live in the Asian-populated village of Pangani. [2] The neighbourhood has over the years exhibited ...
Time zone. UTC+3. Nyayo Highrise is a residential neighbourhood in the city of Nairobi. It is approximately 3.5 kilometres (2.2 mi) southwest of the central business district of Nairobi. Initially a slum upgrading project, the estate was built in an effort by the national government to provide its citizens with affordable housing.
Housing Finance Company Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. As of December 2020, the company's total assets were valued at KSh55,445,249,000 (approximately US$497 million), with shareholders' equity of KSh8.562 billion (approx. US$76.8 million). [2]
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