HF Group Profit Surges on Heavy Government Lending Income
HF Group is leaning more on government securities than traditional mortgages to drive profits. The shift has delivered strong earnings but raises questions about long-term lending strategy.
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HF Group is leaning more on government securities than traditional mortgages to drive profits. The shift has delivered strong earnings but raises questions about long-term lending strategy.
Kenya’s property investors are demanding tax relief to revive interest in REITs. They argue that stamp duty is raising transaction costs and slowing growth in the listed real estate sector.
A government agency’s mistaken demolition markings on a Nairobi apartment block triggered panic, halted sales, and ended in a Sh20 million court payout. The case exposes how planning disputes can freeze real estate projects for years.
Mi Vida Homes is stepping into Kenya’s luxury housing segment with a Sh5.6 billion development in Tatu City. The move signals a broader shift as developers chase demand for low-density, high-end homes in satellite cities.
A major Nairobi shopping mall is turning into a full live-work-residential hub. The Greenspan Mall redevelopment signals a broader shift as landlords unlock value from underused urban land.
Ghana’s central bank is targeting billions in diaspora remittances to fund bonds, SMEs, and infrastructure projects. The move aims to convert steady remittance inflows into long-term development capital for the economy.
Billions in remittances are flowing into Ghana—but most aren’t building wealth. The GIPC wants the diaspora to redirect that money into productive sectors.
Accra’s flood problem may not be a drainage issue alone. Engineers say decades of urban growth have overwhelmed the city’s natural ability to absorb stormwater, demanding a complete rethink of flood management.
Tshwane is turning to developers, financiers, and communities to tackle its housing backlog. City leaders say stronger partnerships are key to unlocking land, attracting investment, and accelerating sustainable housing projects.