Author: Khusoko

The market for luxury homes in Nairobi slid by 6.5% in the 12 months to March 2019 due to oversupply and fewer transactions according to the Knight Frank Prime Global Cities Index (PGCI) for the first quarter. This is the most significant reduction in values in a 12-month period that Nairobi has ever recorded since the index commenced recording data. In the three months to March, luxury home prices softened by half a percentage point, continuing a trend that has seen prices drop or remain unchanged in the city for the eighth consecutive quarter since the second quarter of 2017.…

DusitD2 Nairobi on Riverside Drive in Westlands area is set to reopen in August after the terror attack on January 15 that left 21 people dead, forcing its closure. The hotel in a statement said currently, “The complex has since reopened for tenants and business owners on 28th January 2019, with additional measures to bolster the internationally-certified security systems and procedures already in place.” “We are now delighted to announce that the hotel shall be re-opening in August 2019,” it said. The boutique hotel and lifestyle hub stated that it has enhanced security measures. “During the time of our closure,…

Brenda Wairimu, Kenyan actress and model has announced the launch of her new fashion label  ‘Brendish’. “I started making my own clothes! Stuff that fits my style and I would wear, sweaters, hoodies, dresses, I even made stuff for my guy friends too! And when I wore them, I got some real good reviews, I had two crop sweaters literally bought off my back. I should have given them for free, but the world invented this thing called school fees ??‍♀️,” she posted. Brendish is still in its early stages and most of the attires posted online are just prototypes…

The Kenyan Government on Tuesday restored 18 websites that had been breached on Monday by a group calling themselves the Kurd Electronics Team. In a statement to newsrooms Monday evening, Government spokesperson Col. Cyrus Oguna Col. Oguna said there was no cause for alarm as the affected sites are just ‘informational’ platforms. On Monday, the ICT Authority confirmed the attack on the 18 government websites hosted on a single server. “This morning (Monday), a cluster of 18 government websites, hosted on a single server and managed by ICT Authority were defaced. This defacing was on websites which are devoted to…

Consumers in Nairobi can now shop and recycle. PETCO, Kenya’s industry body for the manufacturers and retailers of plastic bottled goods, has unveiled 5 drop-off sites in the city. The drop-off sites will allow members of the public to return their recyclable products to the recycling partners. PETCO Kenya Chairman John Withaka said that the drop-off points would offer consumers a solution for a disposal site for their recyclables, which currently end up in dumpsites. “This drop-sites will allow our recycling partners to receive uncontaminated plastic bottles and other fractions for them to be able to manufacture new products such…

PKF Kenya, an accountants and business advisers firm,  is calling for tougher measures to control rising corruption cases and public debt in order to stimulate economic growth. In its pre-budget briefing, PKF is proposing that the Government rebuilds its capacity to fight corruption by focusing on long term projects. “There is a need to urgently rebuild the capacity of the Government to implement projects and prevent corruption and to do this it will be necessary to stop all projects, take stock and close the taps,” said David Kabeberi. Among the proposed capacity building measures include data warehousing technology to curb…