City Lodge Hotels sets aside R475m to build two new hotels in East Africa, and is looking for other opportunities to add hotels in capital cities across East and Southern Africa.

Garden City, Nairobi’s flagship retail, residential and commercial property development, broke ground today at a celebration ceremony in the presence of over 100 distinguished guests, including the Governor of Nairobi, Dr. Evans Kidero.

Kenya’s property industry is seeing unprecedented growth. Retail and office space is in very high demand. Foreign investors and local business are seeking out and snapping up opportunities across the country especially in Nairobi. But there are challenges as well as rewards.

Wednesday, 09 March 2005 02:00

Suburban Nairobi goes on a shopping spree

When Nakumatt Holdings opened a store at the Junction Mall on Ngong Road, few would have expected it to be an instant hit.

Monday, 29 March 2004 02:00

Kenya wins investor pledges

Nairobi - An international conference aimed at attracting foreign capital to Kenya has wrapped up with investors pledging to set up projects in the country, government ministers said.

Tuesday, 02 March 2004 02:00

Kenya plans investment showcase

Nairobi - Kenya is to host a conference of foreign investors later this month in a bid to attract foreign capital to the east African country, Planning Minister Peter Anyang Nyong'o said.

Tuesday, 10 February 2004 02:00

Kenya plans to redistribute idle land to poor

Nairobi - Kenya's minister for land on Monday threatened to repossess tracts of idle land and redistribute it to thousands of landless people.

Friday, 31 October 2003 02:00

Power and road plans backed

The World Bank has endorsed key projects for the improvement of infrastructure in East Africa, including the construction of a power line between Nairobi and Arusha in Tanzania, and a road from Mombasa to Malaba in Uganda.

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