Kenya investment outlook



Real estate is the best investment bet in Kenya this year with politics expected to play a major role in determining returns in other sectors. Cytonn Investments 2016 Outlook Report stated that local and foreign investors' funds were best placed in real estate, which recorded a 29 per cent growth in 2015. The report noted that the transfer of power from the central government to regional administration, has created a further need for residential and office space in the new areas where job and investment opportunities are growing at a fast rate. The investment firm has predicted a 5.5 per cent to 6.5 per cent growth for 2016 if Kenya keeps politics out of development and business matters.

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