Business

How to buy wholesale electricity from Kenya Power

The Energy and Petroleum Regulatory Authority (Epra) recently reviewed electricity tariffs, for the first time including a bulk tariff for a three-year period effective April 1, 2023. The tariff will allow big consumers to buy electricity in wholesale from Kenya Power at discounted price and resell it to end-users, including tenants at a profit. Here is how the deal to buy and sell power will...

Bungled shift to one-stop-shop delays billions of investments

It was billed as a game-changing one-stop-shop, but two years since its launch, Ardhi Sasa is the bane of many stakeholders in the real estate sector. Lawyers, property financiers, property agents and surveyors estimate that transactions worth at least Sh100 billion are stalled at Ardhi House due to the inefficiency of the Ardhi Sasa system--an online national land information system-- on delivering on...

The Ultimate Guide to Property Management

Suppose you decide to purchase real estate to rent it out and generate passive income, then you need proper guidance to make the most of your investment. If you do not have the time or capacity to manage your rental property yourself, then consider outsourcing this task to a property manager. In either case, you need to properly understand how property management works. What is Property...

7 Tips To Make A Small Bathroom Look Bigger

Let us face it; if you are living in an apartment, you probably do not have that dream bathroom featuring a Jacuzzi tub and walk-in shower. You are probably cramped on space and do not have the opportunity to make any big changes. However, there are a few things you can do to optimize the space and make the bathroom look bigger than it actually is. You do not need to be an interior designer or undergo a...

South Korea gives Konza smart city new lease of life

Kenya’s push to actualize a smart city at the Konza Technopolis has gained momentum with the roll-out of four new projects. The projects, under its second phase, are an Intelligent Transport System (ITS) and Integrated Control Centre, the establishment of a Startup Ecosystem, the development of Smart Logistics in Konza and the development of the Konza-Nairobi Corridor Transport Network. The four...

Laptrust sets Sh5m minimum investment in fund

Pension scheme Laptrust has locked out retail investors from its newly created real estate investment trust by setting a minimum investment of Sh5 million for each party that may want to buy into the property fund in the future. Laptrust has received the Capital Markets Authority (CMA) approval to package its real estate assets into a fund called Laptrust Imara I-Reit and which will be listed on the...

Factors Affecting Real Estate In Kenya

Real estate is among the top contributing source of revenue for high-income earners and the government. Besides, it is among the industries working excellently to bridge the youth’s unemployment gaps. Noting this, Kenyans have decided not to be left behind, venture into it, and benefit from its merits. It has taken a quick turnout, and within a short time, there has been a constant change,...

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