Sacco Review|The Leading Newspaper for Co-operative Movement in Kenya
The Leading Newspaper for Co-operative Movement in Kenya
National Housing Corporation (NHC) Director Joshua Nyamori has asked Kenyans to support the Affordable Housing Programme aimed at providing affordable housing. The Director, who is also a Lawyer, said that the programme aims to ensure low-income earners have access to decent housing. Nyamori, who was speaking in Kisumu during a housing exhibition, he observed that…
Players in the real estate sector have raised alarm over delays in the processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other…
The government will use small-scale miners’ cooperatives to supply construction materials for affordable housing projects across the country. Mining Principal Secretary (PS) Elijah Mwangi said that his department has signed a Memorandum of Understanding with the Housing Department for the miners to provide over 60 percent of the materials required for the projects. Speaking in…
The National Housing Corporation (NHC) has urged Kenyans to use its digital platform, Boma Yangu, to secure affordable housing mortgages through the e-Citizen platform. NHC board member Joshua Nyamori said that the platform, which he said is the gateway to the Affordable Housing Program, enables Kenyans to buy houses at market-friendly rates on both short…
Principal Secretary (PS) of Housing and Urban Development Charles Hinga has defended the housing levy, arguing that it aims to provide housing to millions of people who lack the means to build, purchase or secure a mortgage for their own homes. The PS said in Nairobi, one of Africa’s most developed cities, 90 percent of…
Since the inception of Airbnbs in 2008, traditional hotels have continued to registered low to almost no profits. AirBnBs have gained popularity among travelers who are in search of affordable accommodation, convenient locations, and the comforts of home. Linnet Wanjugu Murage, the owner of the Hamptons Apartment in Nyeri county, said holiday homes have rapidly…
Players in the real estate sector have raised alarm over delays in processing of title deeds. Association of Real Estate Stakeholders Chairman Kinyua Wa Iratu claims the delays have been occasioned by rampant corruption in various land registries infiltrated by cartels. He noted that some unilateral decisions like changes in land rates and other statutory…
Commissioner for Cooperatives Development David Obonyo has commended Muungano Women Group Housing Cooperative for playing a key role in offering affordable housing in line with the Bottom up Economic Transformational Agenda (BETA). Represented by Morris Mworia from his office, the commissioner lauded the cooperative for empowering women and cooperatives in general for playing a significant role in supplementing…
Cooperatives Cabinet Secretary (CS) Simon Chelugui has proposed that Saccos be allowed to clear their cheque books directly as opposed to the current practice of doing it through commercial banks. The CS said Saccos were incurring a lot of expenses when clearing their cheques through commercial banks. “I believe that Saccos will be able to…
Over 100 firms in the real estate sector have formed an association dubbed Real Estate Stakeholders Association to help end the many cases of Kenyans being conned millions of shillings by fraudulent land buying and selling companies. According to Zani Properties Limited chairman Shamton Githere, the association will play a pivotal role in regulating the…
