New Tanzania Real Estate Investment Trust Launched
The Capital Markets and Securities Authority (CMSA) of Tanzania has recently approved the Watumishi Housing Company Real Estate Investment Trust (WHC-REIT), with an initial founding of TZS 68 billion.
Deloitte bags multi-billion shillings Nyali Bridge consultancy contract
NAIROBI: Professional services firm, Deloitte has bagged the lucrative tender to serve as lead transaction advisors for the Government in the construction of the proposed second Nyali Bridge, which is expected to link Mombasa Island to the North Coast.
Over 70pc of Kenyans finance homes from personal savings
Kenya: Over per cent of Kenyans finance construction and acquisition of their homes through personal savings, a newly released housing price report indicates.
Sub-Saharan Africa’s infrastructure spending to exceed US$180 million by 2025, says PwC report
The overall infrastructure spending in the sub-Saharan region is projected to grow by 10 per cent a year over the next decade and will exceed US$180bn by 2025, a new report by PricewaterhouseCoopers (PWC) reveals.
