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Tuesday, May 5, 2026
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Land and property sector updates

Revise land rates to boost revenue, counties advised

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People Daily | by Christopher Owuor Counties have been advised to update their land rate rolls to enable them raise own-source revenue (OSR), even as...

Telkom bosses face prosecution over Sh14bn land suit

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Business Daily | by Sam Kiplagat Postel Housing Co-operative Society has been allowed to privately prosecute senior officials of Telkom Kenya including chief executive Mugo...

High Court stops sale of Busia Airstrip land

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Business Daily | by Sam Kiplagat The High Court has stopped any planned sale of parcels of land where Busia Airstrip stands, pending the determination...

State eyes more cash with review of property rates every five years

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Business Daily | by John Mutua Property rates will be reviewed every five years in changes to the law aimed at ensuring that the State...

Secret offshore firm buys stake in Fairview Hotel

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Business Daily | by Otiato Guguyu A secret company registered in the British Virgin Islands will make a joint bid with private equity Actis in...
kenya parliament, national assembly

MPs back bid to cap rent increases at inflation rate

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Business Daily | by John Mutua A Parliamentary committee has backed the government’s push to cap rent increases on commercial and residential premises, setting the...

Acorn transfers seven hostels, targets to borrow Sh1.4 billion

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Business Daily | by Victor Juma Student hostels developer Acorn Holdings has transferred seven properties to a publicly-traded real estate trust company, which it recently...

Landlords feel pinch of empty buildings

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Nation | by Peter Mburu Low tenancy levels have affected Upper Hill and other areas of Nairobi including the CBD and Westlands where many buildings...