Imarika DT Sacco headquarters in Kilifi County on
Imarika DT Sacco headquarters in Kilifi County on

Imarika Sacco assets hit Ksh16.1 billion as performance surpasses targets

Imarika Sacco, one of Kenya’s fastest-growing cooperatives, has once again recorded strong financial performance, posting total assets of Ksh16.1 billion in the year ended 31st December 2025. The Sacco also reported increased member deposits, which rose to Ksh10.5 billion against a target of Ksh10.6 billion falling short by Ksh100 million. In contrast, loans and advances…

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President Ruto launching the Affordable housing in Mukuru
President William Ruto during the official launch of the Mukuru Estate Phase II-Photo|Courtesy

Parliament approves KSh25 billion to rescue affordable housing projects at risk of stalling

More than 1,700 affordable housing units that were on the verge of stalling will now proceed after Members of Parliament approved KSh25 billion to unlock funds previously tied up in Treasury Bills. The allocation, passed under Supplementary Estimates I for the 2025/26 financial year, is expected to ensure contractors are paid and ongoing projects remain…

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Imani Estate in Ruiru, Kiambu County. Photo/Courtesy

Tension grips Imani Estate in Ruiru as residents face possible eviction

Tensions have heightened at the 600-acre Imani Estate in Ruiru, Kiambu County with residents living in fear of eviction from the posh location. The Sh 10 billion property located along the Ruiru – Githunguri road has been at the center of a bitter dispute between the family of former spy chief, the late James Kanyotu…

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AMG Realtors LTD group during a past event in Nairobi

Kenya’s housing and property sector evolves into a key driver of national development

Kenya’s housing and property sector continues to thrive, driven by visionary companies that combine trust, innovation, and consistent delivery. The sector has grown from just selling property to creating trust, vision and leaving a huge impact across many sectors. The real estate sector is evolving through technological integration, a strong focus on sustainability, and shifts…

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President Ruto launching the Affordable housing in Mukuru
President William Ruto during the official launch of the Mukuru Estate Phase II, on December 18, 2025-Photo|Courtesy

Government scraps affordable housing deposit for low-income Kenyans to boost homeownership

Low-income Kenyans earning Sh20,000 or less will now access houses under the Affordable Housing Programme without paying an upfront deposit, following a government waiver designed to ease barriers to homeownership. Housing Principal Secretary Charles Hinga said the policy targets households that can afford monthly repayments but struggle to raise lump-sum deposits. He explained that while…

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Complete estate for sale/Photo Courtesy

Real Estate emerges biggest beneficiary from regulated SACCOs as education sector lags behind

The land and housing sector has once again topped the charts as the leading recipient of credit from regulated Savings and Credit Cooperative Organizations (SACCOs), according to the newly released SACCO Supervision Annual Report 2024 by the Sacco Societies Regulatory Authority (SASRA). The report, which was unveiled yesterday, reveals a steady upward trend in sectoral…

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James Muturi, the Managing Director of Amcco Properties/photo by Felix Wanderi

Nairobi investors turn to outskirts for strategic expansion

A new trend is emerging among investors in Nairobi, with many shifting their focus from the congested city center to the surrounding outskirts and satellite towns. This strategic move is being driven by the need for expansion, affordability, and better accessibility for their growing customer base. Titus Kariuki, Chairman of Mark Touch Engineering Limited, highlighted…

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Parliament approves regulations for Ksh 4Million rural housing loans under Affordable Housing Fund

Kenyans seeking to build homes in rural areas can now access loans of up to Ksh4 million through the Affordable Housing Fund, following the approval of new regulations by the National Assembly. The move is part of efforts to implement the Affordable Housing Act, 2024. This is after the Committee on Delegated Legislation, chaired by…

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President Willian Ruto during the Awendo Affordable Housing launch/photo courtesy

President Ruto launches Ksh750M Awendo housing project, pledges jobs, urban renewal

President William Ruto on Thursday, August 14, officially launched the Awendo Affordable Housing Project, the Ksh750 million initiative which will deliver 293 modern housing units within the next 12 months. The development is located on a 1.8-acre site adjacent to the Awendo Mosque According to the plan, the project will feature two high-rise residential blocks,…

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National Assembly
Parliament of Kenya/photo file

Parliament cuts affordable housing deposit to 5% amid ksh1.2B worth unsold homes

Parliament has approved the Affordable Housing Programme new rules cutting the requirement deposit from 10 percent to 5 percent. This will enable more Kenyans hoping to own homes under the government’s Boma Yangu programme to pay much lower deposit. The National Assembly passed the Affordable Housing Regulations of 2025 on August 14, 2025 in a…

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