Investors who want to invest in high-yield long term investments in Kenya are looking at the future cities of Kenya. The ambitious cities are expected to turn Kenya into a middle income country by the year 2030. And of these the Konza Technology City is possibly the most desirable.
Kenya is quickly becoming a hot investment place not only in Africa but around the world. The following are the hottest investment places in the country:
Now finally, winds that travel at 11 meters per second around Lake Turkana will be harnessed to create what experts are calling Africa’s largest wind farm. It will produce the cheapest and open tremendously investment opportunities in the northern Kenya region, already internationally famous as the possible location of the Biblical Garden of Eden.
Massive investment opportunities could open up in Kenya’s education sector if a plan to change the school system by next year is accepted by the cabinet and passed by parliament. The government will cumulatively spend Sh1.4 trillion between 2012 and 2015 to implement the new education system.
Long seen as the least attractive industry to invest in, the book industry in Kenya is now looking up and has so far grown to become Shs 12 billion industry, thanks to the government's free primary education, subsidized secondary education and donor funding to the education sector. The government is now the single largest buyer of books – mainly school text books.
Kenyans have worked on a formula to divided the country’s revenue among 47 regions created by the recently enacted Constitution of Kenya. The purpose is to avoid regional disparities in development. This is a complete list of allocations according to the formula.
Investors will put up 208 new hotels with over 38,000 rooms over the next five years, increasing in bed-capacity by 30 percent. The Kenya Tourist Development Corporation Managing Director Marianne Ndegwa said already 55 percent of the projects were already under construction.
Following many requests for prices of land in Kenya, we shall be publishing updates as often as we can. If you want more up-to-date prices, keep visiting this website or subscribe to our news feed.
Kenya’s corruption-ridden workers pension fund, National Social Security Fund, has paid the Lugari member of parliament Mr Cyrus Jirongo Sh490 million and Sh342million to a Ugandan businessman who owned Mugoya Construction and Engineering Company, in a controversial out-of-court settlement.
A leading multinational oil and gas exploration and production company Tullow has discovered oil in Turkana County in northern Kenya at a depth of between 846 and 1041 meters. The company has been prospecting for oil in block 10 BB in Ngamia-1 well.
The Kenya government has awarded a Shs 237 million tender for supply of sanitary towels to disadvantaged school girls. The amount is less than the Shs300 million that the Ministry of Finance had budgeted for the project after it was revised downwards by the parliament.
Unlike what many of us say about ourselves, there are many very nice Kenyans. And you meet them everywhere, even on the phone lines. Recently, I tried calling Vision 2030 and the line was promptly answered. Before I could explain my purpose, the man who had answered the call cut me short.
The big reason I am interested in the debate about gay, lesbian and prostitute rights in Kenya is that it so clearly exemplifies what the great Jewish thinker, Karl Marx, says about the capitalist society. In a capitalist society dehumanization has gone to the extreme as pursuit for money has become deified. “The bourgeoisie has stripped of its halo every occupation hitherto honored and looked upon with awe. It has converted the the physician, the lawyer, the priest, the poet , the man of science, into its paid wage laborers.
A report tabled in parliament contains details of how the Central Bank of Kenya siphoned out billions of shillings in connivance with 12 leading Kenyan commercial banks.
It is not enough that the Ministry of Lands has suspended its senior staff allegedly involved the Syokimau Kenya Airports Authority land selling scam. Such people, where proved guilty, should not only be imprisoned (the Chinese would possibly kill them), they should also compensate their victims. It is said that councilors, politicians and seniors government officials who constituted the theft gang pocketed as much as Shs 240 millions from only a small section of the land in question.
Conveniently located only 45 minutes drive away from the Jomo Kenyatta International Airport, Garden Hotel in Machakos is a quiet, homely, 3-star luxury country hotel with international reputation as the meeting place for people who move business in Kenya.
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