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HomeDaily NewsWednesday, July 23, 2025Economic Insights and Land Prices
Business & Economy2 stories from 1 sources

Economic Insights and Land Prices

City suburbs see significant land price gains compared to satellite towns. Tanzania plans to become a top 10 global uranium producer.

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CCapital BusinessFirst

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Wednesday 3:26 PMCapital Business

City suburbs outpace satellite towns in land price gains

City suburbs outpace satellite towns in land price gains

Land prices in Nairobi's satellite towns, including Kiserian, Thika, and Juja, saw a slowdown in growth during Q2 2023 due to apartment oversupply, while Nairobi's suburbs outpaced them, marking a shift in the property market.

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Key Highlights

Land prices in Nairobi's satellite towns, including Kiserian, Thika, and Juja, saw a slowdown in growth during Q2 2023 due to apartment oversupply, while Nairobi's suburbs outpaced them, marking a shift in the property market.

  • Kiserian: Land price increased by 2.8% to Sh13 million
  • Key person: Sakina Hassanali, Co-CEO & Creative Director at HassConsult
  • Spring Valley: Lead the suburbs with a growth of 2.3% to Sh295.3 million
Wednesday 11:33 AMCapital BusinessFirst

Tanzania set to join top 10 global uranium producers: minister

Tanzania set to join top 10 global uranium producers: minister

Tanzania is set to become a top 10 global producer of uranium, with an estimated 139 million tonnes of deposits and a projected mine life of 22 years, according to Minister for Minerals Anthony Mavunde.

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Key Highlights

Tanzania is set to become a top 10 global producer of uranium, with an estimated 139 million tonnes of deposits and a projected mine life of 22 years, according to Minister for Minerals Anthony Mavunde.

  • Estimated reserves of 139 million tonnes of uranium
  • Key figure: Minister for Minerals Anthony Mavunde
  • Project will create over 4,000 direct jobs and more than 100,000 indirect jobs
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