Category
Published stories attached to the Policy category.
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More than 20 properties in Ikeja have been shut down as Lagos intensifies enforcement of planning rules. The crackdown highlights growing pressure on developers to secure approvals before construction or major alterations.
Nigeria is preparing stricter rules for property developers as authorities seek to protect homebuyers from costly housing scams. Mandatory licensing and escrow accounts could fundamentally change how off-plan properties are sold.
Kenya’s anti-corruption agency is pursuing the recovery of prime Kisumu land valued at about KSh4.5 billion. The case alleges that 7.6 acres belonging to the Kenya Prisons Service were fraudulently acquired, putting public property and land governance under renewed scrutiny
A new 12.5% U.S. trade tariff on Nigerian imports threatens to slow industrial real estate expansion and reduce foreign direct investment in large-scale property developments.
Despite fears of a pre-emptive rate hike driven by rising inflation, the South African Reserve Bank holds the repo rate steady at 7.00%, offering bonded property owners much-needed financial breathing room.
Property developers and diaspora investors can now process physical planning approvals 24/7 from anywhere in the world, as Lagos State completely outlaws manual building permits.
Rwanda is preparing to tighten oversight of its property market. New rules will require real estate brokers and property managers to be licensed, certified, and accountable.
Tanzania is preparing to overhaul its real estate sector with a dedicated regulator. The proposed agency aims to boost transparency, protect buyers, and strengthen investor confidence.
Public Works Minister Dean Macpherson launches an aggressive probe into 6,238 state properties to root out illegal occupants, uncollected rent, and public officials staying past their entitlement.