Prices of Land Near Nairobi, Kenya

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.

How Commercial Banks Inept Policies Helped Savings and Credit Societies to Grow

The year 1997 will always remain an important one in the history of Kenya’s savings and credit cooperative movement. That year commercial banks arrogantly closed out of their banking services, a large number of savings and credit cooperatives (saccos) members by raising their minimum balances and account running expenses way out of the reach of the average Kenyan wage earner. That single action spurred saccos to transform themselves into micro-banks.

The Growing Power of Savings and Credit Cooperative Societies in Kenya

Will savings and credit cooperative societies eventually phase out banks? This is the question that many experts in the banking industry are grappling with as they watch the growing power and spread of savings and credit cooperative societies.

New Land Policy in Kenya

When the new National Land Policy is implemented, two important land policy changes will be made. One no foreigner will be allowed to own freehold land. Second, all leases of up to 999 years will be automatically reduced to the accepted standard 99 years. And third, presidents will no longer have the power to allocate public land as has been the case.