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Published stories attached to the Market news category.
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Page 23 of 49
The Nairobi County Assembly's planning committee has opened investigations into stalled urban renewal schemes, including the Pangani-Ngara "Jevanjee" project, amid concerns that buyers are servicing loans for homes they have not received and that county land titles were used as loan collateral.
Rising land, material and financing costs are pushing Nigerian property prices and rents beyond the reach of most households, with developers and valuers warning the affordability gap cannot be closed without lowering the cost of producing housing.
Tenant arrears in South Africa rose to 16.9% in the second quarter of 2026 as average residential rent hit a record R9,715, while recent High Court judgments show non-payment can end in eviction only after landlords follow the required legal process.
A 28-year-old Harare man has appeared in court accused of selling a 3,200 square metre residential stand using a forged City of Harare offer letter and a fake survey diagram, leaving the buyer US$45,000 out of pocket.
Addoha, Alliances and Residences Dar Saada raised combined first-half revenue by nearly 8.5% to more than 3 billion dirhams, driven by state housing subsidies and resettlement programmes, even as the sector's stock index fell.
SBM Bank Kenya has partnered with developer Fusion Estates to offer homebuyers mortgage financing of up to 90 per cent of property value, aiming to cut the upfront deposit for buyers in Kenya and the diaspora.
Republic Bank (Ghana) PLC is aiming to lift its share of Ghana's mortgage market to between 40 and 42 per cent by the end of 2026, up from more than 38 per cent now.
Nairobi County Assembly's urban planning committee has challenged the formula used to split affordable housing project returns between the county and developers, saying the county was offered too small a share of schemes built on its own land.
Uganda's government is courting property developers, banks and investors to help close a housing deficit of about 2.48 million units, ahead of the second Uganda Real Estate and Housing Expo on September 25-26.