OPINION: COVID likely to spur housing boom in counties neighbouring Nairobi

By Guest Writer,

By Jeremy Gitonga In a recent interview with Citizen TV’s Yvonne Okwara, Unity Homes Executive Director John Latham revealed that the Covid-19 p...

Housing

NSE seeks lift from 2020 bear run as trading resumes

By Kepha Muiruri,

The Nairobi Securities Exchange (NSE) will be hoping for a lift in 2021 with trading resuming for the New Year on Monday. Among key remedial measur...

bulls & bears , COVID-19 , Nairobi Securities Exchange (NSE)

2020 review: On public debt, it’s from the frying pan towards fire

By Kepha Muiruri,

In a nutshell, Kenya’s stock of public debt stood at Ksh.1.3 trillion a decade ago, today, this stock has climbed to Ksh.7.1 trillion as of Septembe...

2020 Year in Review , CS Ukur Yatani , National Treasury , Public debt

Banks hold back funds discharged from CBK reserves

By Kepha Muiruri,

Commercial banks have held back funds released from the lowering of the Cash Reserve Ratio (CRR) in March by the Central Bank of Kenya (CBK). Accor...

banks , Cash Reserve Ratio (CRR) , CBK , governor patrick njoroge

Westlands – Parklands best performing node with higher rental yields: report

By Citizen Reporter,

Westlands - Parklands was the best performing node, recording an average rental yield of 6.1%, according to a report from Cytonn Real Estate. This ...

Kilimani , Parklands , Westlands

Online commerce drives down returns for retail investors

By Kepha Muiruri,

Retail real estate investors have marked a further contraction in yields this year owing largely to the accelerated growth of e-commerce under the COV...

Cytonn Real Estate , e-commerce , retail in Kenya

Foreign investors turn net sellers in October as NSE struggles for lift

By Kepha Muiruri,

Foreign investors in the Nairobi Securities Exchange (NSE) turned net sellers in October ending a two-month cooldown which saw the investors buy into ...

bear market , Nairobi Securities Exchange (NSE)

CMA seeks new orders to quash court battle with Cytonn

By Kepha Muiruri,

The Capital Markets Authority (CMA) has requested High Court’s commercial and admiralty division to throw out a petition by Cytonn Investment in whi...

CMA , Cytonn Investment

Cytonn slams CMA over ‘out-of-fashion’ regulations

By Kepha Muiruri,

Cytonn Investment has slammed the Capital Markets Authority (CMA) over out of fashion regulations which it blames for the continued market stagnation....

Capital Markets Authority (CMA) , Cytonn Investment , Edwin Dande

Inside Cytonn’s ‘war’ with the Capital Markets Authority

By Kepha Muiruri,

Cytonn Investment Chief Executive Officer Edwin Dande is putting up a spirited fight with the Capital Markets Authority (CMA) over the deployment of p...

Capital Markets Authority (CMA) , Cytonn Investment , Edwin Dande

COVID-19 sets the stage for accelerated bank mergers and acquisitions

By Kepha Muiruri,

The COVID-19 pandemic is expected to trigger a new run of mergers and acquisitions (M&As’) as Kenya’s banking industry shifts under the weight...

banking in Kenya , Central Bank of Kenya (CBK) , COVID-19 , mergers and acquisitions

OPINION: Hedges or fences? What home-owners need to consider

By Guest Writer,

By Jeremy Gitonga Perhaps because their primary objective is concealment rather than a complementary to the beauty of the main investment, bou...

Foreign investors end a 7 month sell-off run at the NSE

By Kepha Muiruri,

Foreign investors ended the month of August with a Ksh.195 million net buying position of stocks at the Nairobi Securities Exchange (NSE) ending a sev...

COVID-19 , Foreign Investors , Nairobi Securities Exchange (NSE)

Nairobi residents still reliant on landlords as home ownership well dries up

By Kepha Muiruri,

A tough economy has left Nairobi residents reliant on rental properties with the availability to funds to purchase homes drying up in the last year. ...

Cytonn Research , real estate in Kenya

Ruiru, Ruaka and Utawala among satellite towns leading lift in Nairobi land prices

By Kepha Muiruri,

Sustained demand for parcels of land inside Nairobi Metropolitan Area (NMA) satellite towns has paid dividends for land investors as land prices recov...

Cytonn Real Estate , land prices

CBK urged to relax rules to banks on loan defaults

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has been urged to relax loan-loss provisioning rules to commercial banks as loan defaults pick up. Analysts at Cyto...

Central Bank of Kenya (CBK) , Cytonn Investment , Dr. Patrick Njoroge

CBK falls short of goal to switch Treasury bill investors to bonds

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has fallen short of its goal to switch Treasury bill (T-bill) investors to bonds in its quest to relieve pressure of t...

Central Bank of Kenya (CBK) , domestic borrowing , National Treasury

Coronavirus pandemic deepens Kenya’s debt wound

By Kepha Muiruri,

The Covid-19 pandemic has added salt to Kenya’s long existing debt wound pushing the country closer to the edge of the cliff. This is as the glob...

coronavirus , debt , Ukur Yatani

Demand for office space in Nairobi falls to its lowest in 8 years

By Kepha Muiruri,

The demand for office spaces in Nairobi’s commercial hub fell to an eight year low in 2019 indicating the continued tough economic environment in th...

Cytonn Real Estate , Nairobi Metropolitan Area (NMA , office oversupply

Non-performing loans cover from listed banks hits 59pc on rules change

By Kepha Muiruri,

Publicly listed banks non-performing loans cover hit 58.5 per cent in 2019 as the 24 months window to the implementation on new financial reporting ru...

IFRS 9 , KBA , loans