News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Kenya's Treasury has drafted proposals to exempt land transactions valued at Sh1 million or less from stamp duty, with progressive rates above that threshold, President William Ruto said at Mashujaa Day celebrations in Eldoret.
El Gouna Red Sea has launched Najan, a boutique village of studios to three-bedroom apartments in low-rise buildings, as the Orascom Development Egypt town expands its western district with a pedestrian-first layout.
Durban-based Shree Property Holdings has acquired the former Plascon and Beacon chocolate factories on South Coast Road and will invest about R1.6 billion converting them into roughly 80,000 square metres of logistics warehousing.
The Rent Control Department has begun a quarterly public accountability series, with Acting Rent Commissioner Frederick Opoku saying the department must explain its decisions and report progress to landlords, tenants and the wider public.
Kenya is recruiting 6,000 interns across 28 professional areas for a 12-month, non-renewable programme tied to the Affordable Housing Programme, with applications closing on 9 November 2026.
Public Works Minister Dean Macpherson and KwaZulu-Natal MEC Martin Meyer say they will urgently challenge a court interdict obtained by Ray Nkonyeni Municipality that stopped the handover of leases for six coastal properties.
Jordan Wike, son of the FCT minister, has been petitioned to the EFCC over a failed $2.1m transaction for land in Katampe and Guzape, while a civil suit over the same deal returns to court on 1 December.
Residents of Fere and Oniporogun in Obafemi Owode Local Council say ancestral land was cleared for a Chinese-backed industrial project without consulting village heads, and are asking Governor Dapo Abiodun to intervene.
The Kyidom Hene of the Abease Traditional Area has asked regional and national security councils to intervene in a dispute with the paramount chief over land earmarked for a 24-hour economy market in Pru West District.