HF half-year net profit hits Sh998m on lending
HFCB Plc Group, the Kenyan lender formerly known as Housing Finance, reported a 59.9 per cent rise in half-year profit after tax, driven by higher earnings from lending and other banking activities.
Category
Published stories attached to the Market news category.
235 items
Page 14 of 27
HFCB Plc Group, the Kenyan lender formerly known as Housing Finance, reported a 59.9 per cent rise in half-year profit after tax, driven by higher earnings from lending and other banking activities.
A long-running legal battle over a Sh8 billion parcel of prime land in Nairobi's Karen estate is set to move to the Supreme Court of Kenya.
GREDA data shows about 70 percent of homebuyers in Ghana are indigenous Ghanaians, as diaspora wealth fails to absorb the country's expanding housing supply.
The MOFI Real Estate Investment Fund has disbursed more than N140 billion in mortgage financing to over 2,000 Nigerians since it began operations in March 2025.
Ghana's building cost inflation rose to 4.0% in July 2026, up from 3.1% in June, driven mainly by rising construction material prices and sharp increases in plant and equipment costs, new Ghana Statistical Service data shows.
Real estate developers, investment analysts and a quantity surveyor say rising land, material, labour and infrastructure costs are squeezing residential development in Lagos, with the higher costs increasingly passed on to buyers and tenants.
Nanyuki Town in Laikipia County is struggling with congested services as an influx of investors, visitors and population growth stretches water and waste infrastructure.
Scammers behind an estimated R500 million pyramid scheme have rebranded and are now impersonating the Seeff Property Group, one of South Africa's best-known real estate brands.
The inaugural Tanzania Real Estate Expo and Forum (TAREX) will hold from November 20 to 22 in Dar es Salaam, bringing together developers, investors and financiers from across East Africa.