The Netherlands Enterprise and Development Agency (RVO) and the Somalia department of the Netherlands Embassy (EKN) in Kenya are pleased to announce their collaboration with the International Organization for Migration (IOM), the UN Development Programme (UNDP), UN-Habitat and the Regional Coordination Office (RCO) in Somalia in the context of the Saameynta-programme. ‘Saameynta – scaling up solutions to displacement in Somalia’ will be implemented over a period of four years (2022-2024) and the LAND-at-scale contribution amounts to 2 million euro.

The State is set to roll out a value index to make Kenya’s land market transparent and cut wasteful public project spending due to speculative activity that drives up costs, the World Bank has said.

The long-awaited index is also expected to boost own-source revenue collection by counties from land property.

Kenya currently lacks standardised land value information—a loophole that has been exploited by cartels over the years to entrench fraud and exploitation in property prices.

The State is set to roll out a value index to make Kenya’s land market transparent and cut wasteful public project spending due to speculative activity that drives up costs, the World Bank has said.

The long-awaited index is also expected to boost own-source revenue collection by counties from land property.

Kenya currently lacks standardised land value information—a loophole that has been exploited by cartels over the years to entrench fraud and exploitation in property prices.

LAND VALUES in Metro Manila are seen to drop 5-15% by the fourth quarter as rents and selling prices decline due to the impact of the coronavirus disease 2019 (COVID-19) pandemic.

Property consultancy firm Colliers International Philippines said in an online briefing on Wednesday that central business districts will take a hit from the slump in real estate demand.