Diaspora News

Preasure  is pilling on big banks in Kenya to cut lending rates, as three comply. Commercial Bank of Africa, I&M Bank and StanChart are ready to act in line with reduction of Kenya Banks Reference Rate (KBRR). “KBRR component of our interest rate will stand reduced to 8.90 per cent per annum with effect from Aug 25” We look forward for the rest of the banks to reduce their rates. This will be a big boost to investors both in the country and in the diaspora.

Will it impact those who have mortgages? Due to the outstanding law in borrowing, those with fixed-rate mortgages usually don’t benefit from any cut until their deal expires. Customers on normal mortgages, however, will benefit immediately as their mortgage rate is linked to the central base rate. The reduced rate means that repayments on normal mortgages will fall as well.

 

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Alfred Mutua Ranked 1st in Kenya Governors’ Approval Rating

RANK GOVERNOR COUNTY GOVERNOR’S APPROVAL RATING sample= 600 PER COUNTY
1 ALFRED MUTUA MACHAKOS COUNTY 79.4%
2 KENNETH LUSAKA BUNGOMA 77.6%
3 JOSPHAT NANOK TURKANA COUNTY 73.9%
4 SIMON KACHAPIN WEST POKOT COUNTY 72.5%
5 MOSES AKARANGA VIHIGA COUNTY 71.9%
6 SALIM MVURYA KWALE 71.7%
7 WYCLIFFE OPARANYA KAKAMEGA COUNTY 71.3%
8 JAMES ONGWAE KISII COUNTY 70.1%
9 MWANGI WA IRIA MURANG’A COUNTY 69.6%
10 ISAAC RUTO BOMET COUNTY 68.3%
11 ALI HASSAN JOHO MOMBASA COUNTY 67.1%
12 ALEX TOLGOS ELGEYO MARAKWET COUNTY 65.4%
13 NATHIF JAMA ADAM GARISSA COUNTY 64.9%
14 SAMWEL KUNTAI NAROK COUNTY 64.8%
15 JOHNSON MTUTA MRUTTU TAITA TAVETA COUNTY 64.8%
16 JACKSON MANDAGO UASIN GISHU COUNTY 64.7%
17 PETER MUNYA MERU COUNTY 64.5%
18 MOSES KISAINE SAMBURU COUNTY 64.4%
19 SOSPETER OJAAMONG BUSIA COUNTY 63.7%
20 ZACHARY OBADO MIGORI COUNTY 63.6%
21 CYPRIAN AWITI HOMABAY COUNTY 62.7%
22 LAGAT CLEOPHAS NANDI COUNTY 61.1%
23 CORNEL AMOTH RASANGA SIAYA COUNTY 61.0%
24 KIVUTHA KIBWANA MAKUENI COUNTY 60.8%
25 AMASON JEFFA KINGI KILIFI COUNTY 60.2%
26 PAUL KIPRONO CHEPKWONY KERICHO COUNTY 59.2%
27 KINUTHIA MBUGUA NAKURU COUNTY 58.6%
28 JULIUS MALOMBE KITUI COUNTY 58.5%
29 ALI ROBA MANDERA COUNTY 58.4%
30 SAMWEL MBAE THARAKA NITHI COUNTY 58.2%
31 PATRICK SIMIYU TRANS NZOIA COUNTY 57.7%
32 JACK RANGUMA KISUMU COUNTY 57.4%
33 AHMED ABDULLAHI WAJIR COUNTY 57.3%
34 DAVID NKENDIENYE KAJIADO COUNTY 57.1%
35 ISSA TIMAMY LAMU COUNTY 57.1%
36 NDATHI JOSEPH KIRINYAGA COUNTY 57.1%
37 CHEBOI CHESIRE BARINGO COUNTY 56.5%
38 DANIEL WAITHAKA NYANDARUA COUNTY 56.4%
39 NDERITU GACHAGWA NYERI COUNTY 55.8%
40 NYAGA WAMBORA EMBU COUNTY 55.5%
41 JOHN NYANGARAMA NYAMIRA COUNTY 54.6%
42 EVANS KIDERO NAIROBI COUNTY 53.9%
43 UKUR YATANI MARSABIT COUNTY 53.2%
44 JOSHUA W. IRUNGU LAIKIPIA COUNTY 52.2%
45 GODANA DOYO ISIOLO COUNTY 51.1%
46 HUSSEIN DADO TANA RIVER COUNTY 49.0%
47 WILLIAM KABOGO KIAMBU COUNTY 48.0%
AVERAGE INDEX 61.8%

Steps to Buying land

Before you Buy Land

  1. Get a surveyor to make sure the Land is genuine and has title deed
  1. Get a private lawyer to help you understand the Sale agreement
  1. Make sure the Company your buying Land from is genuine and registered
  1. Check if the Land your buying is freehold or on lease as you no if its on lease make sure how long is the lease normally the lease is 99yrs
  1. Agree on Terms visit the Land and there you go..

For more info talk to us @ndatani.com or +254 716 652 896

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