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Why Housing Finance is selling head office

Mortgage financier HF Group wants to sell its head office building in Nairobi, convert some loans to equity and pursue defaulters in a bid to boost its capital levels. ....

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Japan topples China in fresh Kenya loans race

The Treasury has in the budget estimates for the financial year starting July listed Japan as the largest source of bilateral loans and grants. ....

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John Ngumi: The trillion-shilling dealmaker who once went broke

John Ngumi: The trillion-shilling dealmaker who once went broke
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Why owning a house and renting will cost the same- KMRC CEO

Then one day the landlord decides to hand you all the relevant ownership documents of the house. The house is all yours. No more paying rent.
That sounds like a fairytale. But very soon this will be a reality as Kenyans begin to own affordable houses, according to Johnstone Olteita, the CEO of Kenya Mortgage Refinance Company (KMRC).
In an interview with Home and Away, Olteita said that the financing of the affordable houses has been structured in a manner that will ensure there is alignment between the amount of money you are currently paying for rent and the mortgage you will take up for the houses. ....

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