Land investment: How to avoid the dead capital trap

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Many older Kenyans store their wealth in land, hoping to sell them in hard times.

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Branice Wanjiru had gone to her Sacco offices to check how much money she had in savings when she stumbled on quarter-acre parcels of land being sold in Kitengela, Kajiado County.

“The sacco officials told me that there was land they were selling cheaply. They marketed it with the impression of an excellent investment in a developed area closer to the road and not far from Kitengela town,” she says.

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