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Housing Finance Company Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. As of December 2020, the company's total assets were valued at KSh55,445,249,000 (approximately US$497 million), with shareholders' equity of KSh8.562 billion (approx. US$76.8 million). [2]
Housing Finance Group of Kenya, is a non-operating financial services holding company, established in 2015 to comply with the country's banking laws. The changes are also in anticipation of expanding operations outside Kenya. [2] HFGK maintains the following subsidiaries: (1) Housing Finance Company Limited (HFC Limited), is a mortgage and ...
The real estate sector in Kenya has seen a boom that began somewhere in the mid to late 2000s because the property market is responding to increased demand.. In Nairobi, the capital and largest city of Kenya, there is one of the largest expatriate communities in the continent due to the significant number of multinationals who have chosen Nairobi as either their African hub or East and Central ...
Kenya's President William Ruto has signed into law a controversial bill, paving the way for the government to continue collecting a housing levy of 1.5% of a worker's monthly pay.
Shelter Afrique (SAf), also known as Company for Habitat and Housing in Africa, is a pan-African finance institution created to exclusively support the development of the African real estate and housing sector. Through its strategic partnerships, it offers products and related services which support the efficient delivery of commercial real ...
The housing levy is a significant agenda of President William Ruto, who has pledged to construct 1 million homes by 2027 under his affordable housing program already underway in parts of the country.
The government says it has relocated just under 27,600 people forced from their homes by the floods in newly built camps. Some 210 people across the country have died as a result of the floods ...
Kenya Mortgage Refinance Company Plc ( KMRC ), is a financial services company in Kenya, that specializes in lending to other financial institutions in the country, for onward lending in form of mortgages. In addition, KMRC buys good mortgages from other lenders to make more money available to banks for onward lending to eligible homeowners.
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