Money Markets

CMA sets Sh1m minimum for real estate investors

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Workers at a construction site in Eldoret town on May 28. Kenya has an annual shortage of 150,000 houses against construction of 30,000 units. File

Workers at a construction site in Eldoret town on May 28. Kenya has an annual shortage of 150,000 houses against construction of 30,000 units. File 

By John Gachiri

Posted  Thursday, June 21  2012 at  18:26
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Mr Wekesa said that the CMA has been holding talks with industry players since last year and that the proposed regulations have incorporated ideas from South Africa, the US and Malaysia. CMA will be receiving views and recommendations on the new rules until July 21.

jgachiri@ke.nationmedia.com

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