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Market news

Published stories attached to the Market news category.

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Page 16 of 49

News

WestProp Revenue Rises 16.3% to US$14.9m as Property Sales Drive Growth

VFEX-listed property developer WestProp Holdings reported half-year revenue of US$14.91 million, up 16.3%, on strong sales at Millennium Heights and Pomona City and the consolidation of three new subsidiaries.

News

EACC Recovers KSh51 Million KCAA Land in Nyali, Mombasa, After 17-Year Battle

The Ethics and Anti-Corruption Commission has recovered a 0.514-acre parcel of public land in Nyali, Mombasa, valued at KSh51 million, after its registered owner agreed to surrender the property to the government.

News

Dzata Cement Unveils Expansion to Lift Output Toward Three Million Tonnes

Ghana's wholly locally owned Dzata Cement is expanding its production, storage, packing and logistics infrastructure as it marks five years of operations, targeting annual production of about three million tonnes.

Article

Water Backup Could Become the New Solar for South Africa's Housing Market

Water tanks, boreholes and backup pumps could become the next must-have feature in South African homes as buyers weigh water security, though a clear price premium is yet to emerge.

News

Kenya's Sh3.35 Trillion Construction Pipeline Set to Drive Sector Demand

Kenya's construction sector is set for increased activity as a Sh3.35 trillion ($26 billion) project pipeline drives demand for building materials, equipment and specialist services.

News

Land and Housing Overtake Agriculture in Kenyan Sacco Lending

Land and housing-related borrowing accounted for 37.3 per cent of new sacco credit in 2025, overtaking agriculture and education as members increasingly tap long-term loans to buy land and homes.

Article

Why Nigerian Property Sales Surge in the Fourth Quarter, According to Industry Experts

Property sales across Nigeria’s major urban centres consistently rise in the fourth quarter, driven by year-end savings, festive diaspora inflows and sellers’ liquidity needs, four real estate professionals say.

News

Cape Town Housing Demand Tops 3,000 A Month As Waiting List Passes 490,000

Cape Town's housing waiting list has reached 490,314 and demand is growing by more than 3,000 households a month, far outpacing the delivery of state-subsidised homes, Mayor Geordin Hill-Lewis says.

Article

Garden Route Draws Buyers Beyond Holiday Homes

The Garden Route's coastal towns are increasingly attracting permanent residents and relocating buyers rather than only holiday-home purchasers, with distinct property markets and price points across Knysna, Plettenberg Bay, Mossel Bay and George.