The Kenyan equity market experienced a downward trajectory in July 2024, driven by losses in key large-cap stocks. This trend underscores the volatility in the market and the need for investors to stay informed about the underlying factors influencing stock performance. According to the Cytonn Monthly – July 2024 report, the NSE 10 declined the […]
Kenya’s inflation rate experienced a surprising decline in July 2024, providing a respite for consumers and signaling potential stability in the economy. The Kenya National Bureau of Statistics (KNBS) released its monthly consumer price indices and inflation rate report, which highlighted this unexpected trend. According to the Cytonn Monthly – July 2024 report, the year-on-year […]
The Nairobi Metropolitan Area (NMA) has been experiencing significant growth in its real estate sector, particularly in land prices. The second quarter of 2024 showcased a positive trend, marking a notable shift from previous quarters. According to the Cytonn Monthly – July 2024 report, the average selling prices for all properties in the NMA posted […]
The Kenyan Treasury Bill (T-Bill) market has been a focal point for investors seeking secure and profitable investment avenues. In July 2024, the T-Bill market witnessed remarkable oversubscription rates, highlighting the growing investor confidence in these government securities. According to the Cytonn Monthly – July 2024 report, the overall average oversubscription rate for T-Bills reached […]
Technology and innovation are playing a transformative role in Kenya’s retail sector, driving efficiency and enhancing the customer experience. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, the adoption of technology in retail operations has been a significant factor in the sector’s resilience and growth. The report highlights several technological advancements that […]
The affordable housing initiative in Kenya is playing a pivotal role in driving the growth of the retail sector. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, the government’s affordable housing project aims to deliver 250,000 units per year, significantly impacting the retail market by creating new demand for retail goods and […]
Kenya’s retail sector continues to attract significant foreign investment, contributing to its robust performance and growth. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, increased foreign investor appetite for Kenya’s property market, particularly in the retail, hospitality, and industrial sectors, has been a key driver of the sector’s resilience and expansion. The […]
Kenya’s retail sector is poised for growth, particularly in undersupplied regions such as Kiambu and the Mount Kenya region. According to the Cytonn Kenya Real Estate Retail Sector Report 2024, these regions present significant opportunities for developers and retailers alike, driven by a growing middle class and high demand for quality retail spaces. The report […]
The real estate sector in Kenya has shown remarkable resilience and growth, contributing significantly to the nation’s GDP. In Q1 2024, the sector grew by 0.4%, raising its GDP contribution to 10.4%, a notable increase from 10.1% in the same period of 2023. This growth is driven by increased property transactions and developments, despite the […]
Kenya’s avocado industry has rapidly gained international recognition, becoming one of the country’s most lucrative agricultural exports. With the growing global demand for avocados, often referred to as “green gold,” farmers and investors are keen to explore the best regions and practices for cultivating this valuable crop. This article delves into the ideal conditions for […]
