PROPERTY REGISTRATION PERMITS GETS HARDER AS CONSTRUCTION PERMITS IMPROVES

In dealing with construction permits, Kenya made the exercise more transparent by availing building permit requirements online and by reducing fees.

In addition, it is now easier to get connected to the national grid. This was made possible by Kenya improving the reliability of electricity supply by modernizing its existing infrastructure and inaugurating a new substation in Nairobi.

Banks Shares Hit a Rare Mark as Safaricom Nears All-Time High

The Banking Sector had shares worth Ksh199M transacted which accounted for 37.60% of the day’s traded value. KCB Group actively moved 3.2M shares valued at Ksh166M at between Ksh51.50 and Ksh53.00. Equity Group Holdings remained unchanged at Ksh51.00 moved 373,000 shares worth Ksh19M. Standard Chartered Bank moved 32,000 shares worth Ksh6.69M and closed at Ksh204.75.