Kenya’s economy is staring at a major slowdown on the impact of the weakening shilling, economists at Standard Chartered have forecast, citing falling demand among businesses. No new jobs were created in August in the clearest pointer to the dipping confidence on positive outlook. The predictions are informed by slowing momentum as shown by Kenyan […]
It is not a secret that when a market is performing well, the first thing that is happening is that it gains the confidence of the investors. That is the first and most tricky catch that is happening. People, “drunk” from the smell and feeling of profits relax, they forget all the market and investment […]
With home ownership a fading dream for an increasing number of Australians, it’s time to bust some myths about the housing market. Here are the top five by urban and regional planning and policy experts at the University of Sydney, Professor Peter Phibbs and Professor Nicole Gurran. 1. Affordability issues will be solved by constructing […]
Australia’s big four banks are among the largest and most profitable financial institutions in the world. Despite this, it is mathematically impossible that these banks, primarily focused on domestic retail operations, could be as big and profitable as they currently are without one of the following taking place: either each of these banks, in their […]
The Kenyan shilling is following a negative route against most of the foreign currencies. With the exchange rate touching the 102.5 mark to the USD and the 158.84 to the GBP and without even being able to sustain a strong position against the weak and challenged euro, CBK was forced to take more action in […]
During the last decades, markets around the world have been trying alternative ways to finance projects. In the construction industry, there have been several options in order to raise the capital required or to finance a project. Bank Loans, equity funds, are some of the most popular amongst others. The option though that most developers […]
The Emirate’s real estate market is forecast to see a 10 to 20% correction in prices this year, the report stated Dubai’s residential property market will see a double-digit correction in prices this year following 3 years of sharp appreciation, a new report by S&P found. The report estimates a “moderate” 10 to 20% decline […]
During the last decades, markets around the world have been trying alternative ways to finance projects. In the construction industry, there have been several options in order to raise the capital required or to finance a project. Bank Loans, equity funds, are some of the most popular amongst others. The option though that most developers […]
California housing market slows considerably .Non-distressed sales drop for the first time since 2005 California’s massive housing market is slowing down in almost every way imaginable, according to the latest California Real Property Report from PropertyRadar. California single-family home and condominium sales dropped 3.5% to 36,912 in May from 38,249 in April. However, the report […]
Beginning of this month, the Monetary Policy Committee brought their bi-monthly meeting earlier by one month and announced a large increase (almost 20%) of the CBR (central bank rate), from 8.5% to 10%. The main reason for this decision was the need to implement a policy in order to try to stop the country’s […]
