Tatu City and Equator Energy deliver first solar power plant

Tatu City has installed its first solar power plant in partnership with Equator Energy, to generate renewable energy for the city. The installation comprises of 2,880 solar modules that have been mounted on 5,700 square meters of roof space at Dormans Coffee’s global headquarters at Tatu Industrial Park. The plant is expected to produce 1.4 million kilowatt-hours per year, the same amount of energy consumed by 8,500 people. The installation is in line with Tatu City’s long-term commitment to environmental conservation through harnessing renewable energy sources. The solar power plant…

Tenant purchasing schemes to help reduce housing deficit

Experts are calling for more strategic support to Kenya’s home ownership market. According to a recent report by the World Bank “Kenya Economic Update: Housing Unavailable and Unaffordable” the housing deficit in Kenya stands at 250,000 housing units annually. With a constantly growing population, the deficit can only get worse. The Vision 2030 social pillar on housing seeks to attain an adequately and decently-housed nation in a sustainable environment. “The stand on bank interest rates capping remains unresolved. This has made banks apprehensive in granting of loans and mortgages. Consequently, house…

The new trends driving private infrastructure investment in emerging markets

A according to a recent report by PwC which identified a number of themes likely to guide investment in a world where politics, technology and markets are changing fast; shows over US$4.5tn a year will be spent on infrastructure between now and 2020. The five themes include investors broadening their horizon, new political leadership unveiling ambitious goals, future-proofing against obsolescence, and sustainable infrastructure for the long term, commodity-rich regions prioritizing infrastructure among others. Of these themes, I think three are particularly relevant, with each having its own specific drivers and…

Uber sets IPO in motion, seeks to ‘ignite opportunity’

Uber has filed documents for its much-anticipated public share offering expected to be the largest in the tech sector in years, and a bellwether for other venture-backed startups eyeing Wall Street listing. The filing with the Securities and Exchange Commission contained no specific pricing or timing for the market debut for Uber, which according to media reports was expected to raise some $10 billion. Uber’s valuation in its latest private investment round was more than $70 billion, but reports said the ride-hailing giant was likely to seek a market value…

Universities and Tertiary institutions to open Career Services Office

All Universities and Tertiary institutions will be required to open career service offices so as to address the needs of the youth in matters concerning career choices as well as guidance on job market demands. The Chief Administrative Secretary and Principal Secretary Ministry of Education Prof. Collette Suda said the Ministry’s focus is to empower the youth with skills, knowledge and attitudes to enable them be fully trained to handle  future challenges. Prof. Suda said the career service offices should be strengthened to enable them address the needs of students…

What to consider before investing in any rental property

Are you thinking about investing in property? It may seem easy, however there are a number of points to consider before you dive into a long-term commitment, to ensure security, success and a strong return on investment. Global real estate portal, Lamudi explores the top 10 things to keep in mind when searching for the perfect rental property. The neighborhood The first thing to consider is the location of your investment. Buying a house in a high-end neighborhood will attract wealthier tenants, while investing in a property in a university…

YouTube urges Kenyan Vloggers to think global but act local

YouTube has urged Kenyan content creators to churn out quality, consistent videos that can appeal to local and international viewers. Google Kenya office, which is working with Kenyan content creators to help them monetize their channels, encouraged Vloggers to grow their fan base by using online tools. Google Sub-Saharan Africa Head of Communications and Public Affairs, Dorothy Ooko, said creators need to focus on producing quality content and utilize the analytics provided by YouTube. “What we have seen from our analytics is that 60 percent of content created in any…

Fadhili Retirement Village, Caring for the elderly

Superior Homes Kenya Plc, a property developer and the pioneers of the open plan gated community concept in the region has embarked on a new concept to ensure the elderly citizens are well cared for under their new project dubbed “Fadhili Retirement Village”. The idea of Fadhili Retirement Village came about after the developer realized that the care options for the aged were limited as well as overwhelming. This project broke ground in 2018 and when completed will become Kenya’s first custom designed assisted living facility. The development that has…