V Gikonyo Gitonga

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French retail giant Carrefour seeks Two Rivers guarantee

French retail giant Carrefour is seeking greater protection from competition by local supermarket chains who it wants kept out of its flagship Two …

Iceland welcomes a new millennial-perfect hotel

The Canopy by Hilton brand is a new enterprise for the hotel giant, meant to attract younger travelers to urban areas. The inaugural property in …

Cytonn to put up Sh12bn Ridgeways apartments

Cytonn Investments will put up Sh12 billion luxurious apartments on a 10-acre plot in Ridgeways, Nairobi.<p>The mixed-use development, called The Ridge, …

The Hub plans 450kW solar plant

The Hub Mall in Nairobi’s Karen district is following in the footsteps of Garden City Mall with plans to install a 450-kilowatt solar system as a …

Actis seeks nod for Sh2.7bn Thika Road business hub

An Actis subsidiary, Kasarani Investments Holdings, plans to put up a multi-billion shilling business complex in Ruaraka, according to new regulatory …

Ruracio Cancelled After Elders Notice A Tattoo On Bride's Thigh | The Informer

Why did she put on a short dress when she was meeting elders? Why did she have a tattoo in the first place? Probably these are the question going …

Tattoos

Malls jostle to catch the eye of consumers

Amid saturation of the retail market in Nairobi with new shopping malls, the recently opened Two Rivers mall has, nonetheless, walked away with the …

Malls go bust on fairy tale of growing middle class

A few weeks ago, tenants at the Point Mall in Buru Buru, Nairobi resolved to close their businesses. They decried the unusually high rents for a …

Land grabbers now strike Nairobi Dam

Faceless individuals have descended on Nairobi Dam and are subdividing the water body in what could be the last painful nail on the coffin for what …

Declining sales drag Deacons loss down to Sh278 million

Deacons #ticker:DCON has reported a net loss of Sh278 million for the year to December, compared to the previous year’s Sh100.6 million, as lower …

UAP Tower occupancy at 35pc after 9 months

Kenya’s highest building, the UAP-Old Mutual Tower, remains nearly two-third unoccupied nine months after its openning.<p>UAP-Old Mutual Group CEO Peter …

Nairobi

SA’s Nova to build Sh400m primary school at Tatu City

Nova Pioneer, formerly Nova Academies, will next month break ground for a Sh400 million primary school within Tatu City, as the South Africa-based …

BWIRE: Professional bodies can reduce corruption

The private sector, including civil society and religious bodies, are increasingly becoming one of the major players in corruption in this …

Landowners urge Amu Power to speed up coal plant

An investor planning to establish a Sh200 billion coal plant in Lamu County has been urged by residents to speed up the process.<p>People who sold their …

Kenya needs two million homes to curb slum explosion: World Bank

Kenya needs to build two million affordable city homes to meet its housing deficit and stem the growth of its sprawling slums, already home to six …

Housing

Wamalwa to meet Thwake landowners amid pay row

The government has stepped in to resolve the controversy surrounding compensation and resettlement of people affected by the proposed Sh62.3 billion …

Compensation

How frustrations led to a cash-minting leather firm

Wallace Waiguru’s own frustration is what drove him into the leather industry.<p>“I started my business because I was unable to find quality …

Clothing

First phase of Ngong Road expansion on course, says authority

Work on the first phase of a project to expand Ngong Road is 34 per cent complete, signalling the end of traffic snarl-ups on the route.<p>A …

How will polls impact Kenya’s real estate?

Four months to the 2017 General Election and real estate, like other sectors, is both excited and nervous about the post poll period.<p>The economy …

Real Estate

Nairobi tops Africa peers in mall space

Nairobi has the highest available retail space in malls across sub-Saharan Africa in a development that has kept rent in the high-end shopping …

Should I pay rent or bus fare?

It is 5.30am. I am on Manyanja Road, which runs from Kayole estate in Nairobi to Donholm roundabout. A few people trudge on purposely towards the …

Kenya

HF opens new unit to manage property

HF Group #ticker:HFCK through subsidiary HF Development and Investment (HFDI) has launched a property management services unit.<p>HFDI executive …

Real Estate