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Market news

Published stories attached to the Market news category.

235 items

Page 14 of 27

News

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.

News

Decades-old row on Sh8b Karen land headed to Supreme Court

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.

Article

Diaspora purchasing power fails housing patronage test in Ghana

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.

News

MREIF disburses over N140 billion in mortgages to 2,000 Nigerians

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.

News

Ghana's building cost inflation rises to 4% in July

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.

Article

Lagos developers lament rising costs, warn buyers and tenants will pay more

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.

News

Why Nanyuki town is overstretched by influx of investors, visitors

Nanyuki Town in Laikipia County is struggling with congested services as an influx of investors, visitors and population growth stretches water and waste infrastructure.

News

R500-million scammers re-emerge wearing the face of top South African real estate company

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.

News

East Africa's real estate players to converge in Dar es Salaam

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.